Crypto

Kamala Harris Odds Rise on Polymarket as ‘Election Fraud’ Allegations Ramp Up Donald Trump Hedge Bets

Recent data from Polymarket shows that Vice President Joe Biden’s running mate, Kamala Harris, has seen her odds of winning the election rise to almost 39%, up from 33% on Oct. 30. On the other hand, President Donald Trump’s odds have dropped, indicating lower expectations of him securing a victory. Despite this, Trump remains the favored candidate with a 61% chance of winning.

Some analysts believe that Friday’s slide in the crypto market can be attributed to Trump’s declining odds on Polymarket. The CoinDesk 20 Index (CD20) has fallen by 4.4% in the past 24 hours, reflecting the uncertainty and volatility surrounding the upcoming election.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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