Kamala Harris Election Odds Rise

The odds of U.S. Vice President Kamala Harris winning the upcoming presidential election have risen to 49% on Polymarket, a decentralized prediction market platform, indicating a tie with former U.S. President Donald Trump.

Harris’ odds of winning the November election improved from about 44% last week on Polymarket, while Trump’s chances dropped to 49% from 70% in mid-July.

“Kamala Harris is now tied with Trump,” Polymarket stated in an X post today.

Harris has begun reaching out to the crypto industry as discussions around cryptocurrency have intensified. Her pro-crypto rival, Trump, has reiterated his support for bitcoin on several occasions.

Harris recently chose Minnesota Governor Tim Walz as her running mate. While Walz hasn’t publicly addressed crypto much, AARP noted that legislation was enacted to strengthen regulation of cryptocurrency kiosks during his governorship.

Additionally, Harris’ campaign team has brought on David Plouffe, who previously joined the Binance Global Advisory Board and served as an advisor for Alchemy Pay.

In other news, YouHodler’s Ruslan Lienkha mentioned that bitcoin’s price might decline if Harris’ election prospects improve. As of now, the price of bitcoin has edged down 0.58% to $55,721 in the past 24 hours, according to The Block’s bitcoin price page.