• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Kamala Harris Outperformed Donald Trump in Fundraising in August

user avatar

by Giorgi Kostiuk

10 months ago


  1. Fundraising Analysis
  2. Campaign Expenditures
  3. Support from the Crypto Industry

  4. According to Federal Election Commission (FEC) data, Democratic Party candidate Kamala Harris’s campaign outraised her Republican counterpart, Donald Trump, in August.

    Fundraising Analysis

    FEC data shows that Harris’s campaign raised $189 million during the month, quadrupling the $44 million that Trump’s campaign received in the same period. The data, which only covers funds in the candidates’ main campaign accounts, highlights the increasing support for Harris as the election draws near. The total funding raised by each candidate, including their Party committees, also shows that the Harris team raised more money last month.

    Campaign Expenditures

    The FEC filings show that Harris and the Democratic National Committee (DNC) spent $258 million in August, far higher than the $121 million from Trump and the Republican National Committee (RNC). Despite spending more than Trump in August, Harris’s campaign is still in a better financial position, with $404 million in cash versus Trump’s $295 million. Many believe the higher cash war chest could allow the vice president’s team to intensify its efforts in the final months.

    Support from the Crypto Industry

    Meanwhile, the crypto industry remains undecided about who to support between Harris and Trump. Trump seems to enjoy popular support because of his clear stance on the industry and his promises to implement policies that will favor the industry if elected. However, he is no longer the obvious choice that he was when Biden was the candidate. Data from the blockchain-based prediction market Polymarket shows that Harris has a 51% odds of winning the elections while Trump has 49% odds. Former White House director of communications Anthony Scaramucci recently said at the Token2049 conference that he is part of a group of crypto advocates advising Harris on her policies for digital assets ahead of the elections.

    The introduction of new financial data highlights the increasing support for Kamala Harris as the elections approach. Despite leading in fundraising and spending, the crypto industry remains undecided on which candidate to support.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Coin Center and US Treasury Conclude Legal Fight Over Tornado Cash Sanctions

chest

Coin Center and the US Treasury have concluded a long-standing legal battle concerning sanctions against crypto mixer Tornado Cash.

user avatarGiorgi Kostiuk

Market CELO/USDT: Channel Breakout and Growth Ahead

chest

Market analysis for CELO/USDT shows a channel breakout and potential growth towards $0.42.

user avatarGiorgi Kostiuk

Bitcoin Rises Above $108,000: Market Impact

chest

Bitcoin reached $108,000, affecting market fluctuations and growth expectations among institutional investors.

user avatarGiorgi Kostiuk

Technical Analysis of XRP: Significant Price Change Expected

chest

Analyst Cantonese Cat discusses XRP price movement based on Bollinger Band squeeze.

user avatarGiorgi Kostiuk

Upbit Limits Withdrawal for Suspected Fraud Accounts

chest

Cryptocurrency exchange Upbit has enforced withdrawal restrictions starting March 20, 2025, for accounts suspected of financial crimes.

user avatarGiorgi Kostiuk

Ethereum Fund Inflows Double Bitcoin's

chest

Ethereum attracts $226 million in a week, showing rising interest from institutional investors.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.