According to Polymarket, the likelihood of impeaching President Donald Trump stands at 6% until the end of 2025.
Impeachment Odds
Polymarket reports a mere 6% chance that the House of Representatives will initiate impeachment proceedings against Donald Trump. This figure indicates that current sentiment among market participants does not favor active impeachment efforts.
Influence of Prominent Figures
Prominent figures like Elon Musk have an impact on such markets. Following his endorsement for impeachment, odds briefly rose from 8% to 10%, but returned to previous levels thereafter. This demonstrates that public sentiment remains largely stable.
Economic Implications
Despite the heightened interest surrounding events on Polymarket, the broader financial and market implications of this phenomenon appear limited. Assets like USDC, ETH, and MATIC did not exhibit notable fluctuations, indicating muted effects on financial markets.
In conclusion, the current odds for Trump's impeachment remain low. The observed activity on Polymarket underscores interest in predicting events, but it seems to have no substantial financial consequences.