Richard Parks Data from Polymarket shows Donald Trump’s lead over Kamala Harris in the 2024 presidential race has shrunk, although he still maintains a strong position. Trump’s odds on the platform have dropped from 66.9% to 54%, while Harris has seen a significant rise, from 33.5% to 46.1%. This shift highlights changing market expectations as the November 5 election nears. Polymarket, based on the Ethereum blockchain, allows users to buy and sell predictions on real-world outcomes using stablecoins like USDC.
In the background, a major Polymarket bettor known as “Théo” has reportedly staked over $30 million on Trump winning the election, according to the Wall Street Journal.
Iowa Poll Results and Epstein Recordings Stir Debate
The latest Des Moines Register/Mediacom poll, known for its accuracy, shows Harris leading Trump by three points in Iowa, with 47% to Trump’s 44% among likely voters. This marks a notable swing from September, when Trump held a 4-point lead. Pollster Ann Selzer, who conducted the poll, noted that it followed the same methodology used in 2016 and 2020, years when Trump won the state.
In other news, recent recordings published by The Daily Beast reveal conversations between Jeffrey Epstein and author Michael Wolff, where Epstein discusses his long-standing friendship with Trump. Epstein passed away in 2019 while awaiting trial in New York.
Divergent Crypto Views Reflect Voter Interest
Both Trump and Harris have taken positions on cryptocurrency, an issue growing in importance for many investors. Trump has been a vocal advocate, even committing to support crypto at a Mar-a-Lago event in May and accepting crypto donations for his campaign.
Harris’s stance has been more cautious. In September, she indicated her administration would back crypto within a broader economic strategy, though her support has been less emphatic than Trump’s. Ripple co-founder Chris Larsen endorsed Harris with an $11.8 million campaign donation, indicating his belief that she would bring a different approach to crypto regulation than President Joe Biden, whose SEC chair selection has faced criticism.
Amid these developments, Bitcoin’s price has dropped to $68,000, reflecting the market’s political uncertainties. The overall crypto market cap also fell by 1.95%, with Bitcoin dipping to $67,300 before rebounding.