Harris's election prospects soar as the encryption industry becomes a key factor.

The Reasons Behind Harris's Surging Victory Probability in the Prediction Market

Recently, U.S. Democratic presidential candidate Kamala Harris's winning probability on a prediction market reached a historic high of 45%, before slightly dropping to 44%. Meanwhile, Trump's winning probability decreased to 54%, which is a significant decline compared to 71% before Biden's withdrawal in mid-July.

Why did Harris's probability of winning on the prediction market Polymarket reach a new high?

Several key factors lie behind this change. First, over 200 venture capitalists have recently publicly expressed their support for Harris to take over the White House. In a joint letter, they emphasized that without a "strong and trustworthy institution," industries like Silicon Valley will face the risk of collapse.

Why did Harris's winning probability on the prediction market Polymarket reach a new high?

Secondly, the Harris campaign is actively engaging with the cryptocurrency industry. It is reported that representatives from her campaign team will participate in a roundtable meeting next week to communicate with executives from the crypto industry. The outside world expects that Harris's stance on cryptocurrency may be adjusted, especially after Trump speaks at the Bitcoin conference.

Among the venture capitalists supporting Harris, there are many well-known figures from the cryptocurrency industry. These investors are involved in multiple crypto projects, including well-known exchanges, blockchain development companies, and more. Their support has earned Harris a certain reputation in the crypto space.

Some industry insiders believe that the Harris team is working to establish positive relationships with the crypto industry in preparation for developing a reasonable regulatory framework. However, this shift has also raised some questions. Some politicians point out that Harris's move may be in response to Trump's influence in the crypto space rather than from genuine policy considerations.

Why did Harris's winning probability on the prediction market Polymarket reach a new high?

Nevertheless, the actions of the Harris team have indeed attracted the attention of the crypto industry. Some industry leaders have begun to engage with the Harris camp to discuss potential collaboration opportunities. This interaction could influence future policy directions and may also bring more support to Harris.

As the U.S. elections approach, whether Harris will publicly express her stance on cryptocurrency will be an important factor impacting the election outcome. Regardless of the result, this event highlights the significance of cryptocurrency on the current political stage and its influence on voters and policymakers.

Why did Harris achieve a record high winning probability on the prediction market Polymarket?

TRUMP4.67%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ZenChainWalkervip
· 08-03 03:42
Bear Market bull run fell smile smile rose smile smile encryption is always on the way
View OriginalReply0
SeasonedInvestorvip
· 08-03 00:00
This time the suckers won again.
View OriginalReply0
ForkThisDAOvip
· 08-02 07:35
The first pro in the crypto world to challenge Wall Street
View OriginalReply0
BlockchainGrillervip
· 07-31 15:47
Whoever comes to power is just going to Be Played for Suckers.
View OriginalReply0
MultiSigFailMastervip
· 07-31 15:47
Leading far ahead, wait a moment, it fell.
View OriginalReply0
MainnetDelayedAgainvip
· 07-31 15:46
According to the database, on the 138th day, the support rate rose by 0.3% and is still in the observation period.
View OriginalReply0
LiquidatorFlashvip
· 07-31 15:21
The threshold for gains and losses has triggered at 45%. It is recommended to watch the market closely and prepare for a Rug Pull.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)