Trump's and Harris' Chances for the 2024 Election Tie after Debate

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Debate Topics
  2. Impact on the Crypto Market
  3. Role of Crypto Committees in the 2024 Election


    4. In the first debate held in Philadelphia on September 10, Vice President Kamala Harris and former President Donald Trump did not discuss cryptocurrency. This led to Trump's chances of winning the 2024 election declining and tying with Harris on the betting platform Polymarket.

    Debate Topics

    During the two-hour debate, topics such as economic plans, abortions, immigration, and foreign policy were discussed. The odds of Trump's victory decreased by 3% on Polymarket, positioning him at 49%, equal to Harris. This change can be attributed to increasing levels of uncertainty regarding the election outcome among bettors.

    Impact on the Crypto Market

    The debate's outcome has significantly impacted the crypto market. Some experts estimate that if Trump wins, the Bitcoin rate could rise to $90,000 per coin by the end of the year. Trump has vowed to repeal anti-crypto regulations and turn the U.S. into a crypto-friendly country. On the other hand, if Harris emerges victorious, some believe that the price of Bitcoin could fall to $30,000 because her stance on cryptocurrency is not as clear as Trump's.

    Role of Crypto Committees in the 2024 Election

    Crypto-backed political action committees are involved in this election cycle. They have amassed over $202 million to fund the 2024 elections; the largest PAC, Fairshake, has $177.8 million and has spent $70.8 million so far.

    Pre-debate national polls indicate that Harris is ahead of Trump by a margin of 2.7 percentage points, which could be attributed to general voter concerns about the economy, inflation, and immigration, not necessarily crypto. Now that the debate is over, the focus will be on how the candidates' positions change and how this may impact the political and crypto markets in the coming months.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Citigroup Increases Price Targets for Bitcoin and Ethereum

Citigroup has raised its 12-month price targets for Bitcoin to $113,000 and for Ethereum to $3,028, citing stronger activity in crypto markets and ETF inflows.

user avatarGustavo Mendoza

TopNod Introduces Axil Pot APT for Enhanced Onchain Yield Management

TopNod has launched Axil Pot APT, a new onchain yield vault that allows users to earn an estimated 8% APY while maintaining instant liquidity.

user avatarRajesh Kumar

MEXC Expands Guardian Fund with Additional 1,000 BTC

MEXC has added another 1,000 BTC to its Guardian Fund, marking the second major allocation this year.

user avatarMiguel Rodriguez

HANetf and HSBC Launch First GBP EUR-Hedged Bitcoin Products

HANetf and HSBC have announced the launch of the first GBP EUR-hedged Bitcoin products, marking a significant development in the digital asset ecosystem.

user avatarLuis Flores

Goldman Sachs Integrates $100 Billion Treasury Fund with Crypto Institutional Frameworks

Goldman Sachs has announced the integration of its $100 billion Treasury Fund with crypto institutional frameworks, marking a significant development in the digital asset ecosystem.

user avatarArif Mukhtar

UK Financial Conduct Authority Opens Crypto Authorisation Regime

The UK Financial Conduct Authority has formally opened its Crypto Authorisation Regime, marking a significant development in the digital asset ecosystem.

user avatarMaria Gutierrez

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.