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November 21, 2024 1:12 pm

November 21, 2024 1:12 pm

Home Business Trump’s Polymarket Edge Over Harris Weakens as Bitcoin Slides to $68,000

Trump’s Polymarket Edge Over Harris Weakens as Bitcoin Slides to $68,000

by Richard Parks

Here are three distinct rewrites of the article about Trump, Harris, and the Polymarket trends:


Version 1

Trump’s Polymarket Lead Over Harris Narrows Amid Bitcoin Dip to $68,000

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.


Version 2

Polymarket Trends Show Trump’s Lead Over Harris Shrinking, Bitcoin Falls Below $68,000

Polymarket data reveals a narrowing lead for Republican candidate Donald Trump over Democrat Kamala Harris in the presidential race. Trump’s odds have dropped from 66.9% to 54%, while Harris has seen a jump from 33.5% to 46.1% as Election Day approaches. Polymarket, an Ethereum-based platform, allows users to bet on real-world outcomes with stablecoins like USDC, drawing significant attention from investors.

A high-stakes Polymarket bettor known as “Théo” has reportedly wagered over $30 million on Trump’s victory, the Wall Street Journal reports.

Harris Gains Momentum in Iowa Poll, Epstein Tapes Resurface

A recent Des Moines Register/Mediacom poll shows Harris leading Trump in Iowa by three percentage points, with 47% support to Trump’s 44%. This marks a significant shift from September’s poll, where Trump had a 4-point lead. Pollster Ann Selzer, who conducted the survey, noted that the same methods were used in previous years when Trump won Iowa, adding weight to these recent findings.

Adding to the headlines, The Daily Beast has published recordings from 2017 in which convicted sex offender Jeffrey Epstein discussed his decade-long friendship with Trump. Epstein, who passed away in custody in 2019, spoke to author Michael Wolff about his ties to the former president.

Crypto Stances: Trump’s Full Support vs. Harris’s Cautious Approach

Trump has openly championed crypto, pledging support at a May event at Mar-a-Lago and accepting crypto donations for his campaign. Harris’s approach has been more restrained; in September, she indicated her administration would support crypto as part of an economic strategy. Ripple co-founder Chris Larsen backed Harris with an $11.8 million donation, citing a belief that she would bring a fresh perspective to crypto compared to President Biden’s administration.

As crypto policies gain attention, Bitcoin’s price has dropped to $68,000, with the global market cap declining by nearly 2%. Bitcoin briefly fell to $67,300 before rebounding slightly, while Ethereum also experienced a dip.


Version 3

Trump’s Polymarket Edge Over Harris Weakens as Bitcoin Slides to $68,000

On Polymarket, former President Donald Trump’s lead over Kamala Harris has diminished but remains significant. Trump’s odds recently fell from 66.9% to 54%, while Harris saw her odds increase from 33.5% to 46.1%. Polymarket, a betting platform on the Ethereum blockchain, lets users speculate on real-world events using USDC stablecoins. As Election Day nears, this shift in odds suggests a more competitive race than previously anticipated.

According to the Wall Street Journal, a Polymarket participant known as “Théo” has wagered over $30 million on Trump winning the election.

Iowa Poll and Epstein Interviews Stir Speculation

Recent polling from the Des Moines Register/Mediacom indicates that Harris leads Trump in Iowa, with 47% to Trump’s 44%. This marks a substantial shift from September, when Trump was ahead by four points. The poll, conducted by Ann Selzer, used the same reliable methods as in 2016 and 2020, both years when Trump won the state.

Adding intrigue, The Daily Beast released 2017 recordings of Jeffrey Epstein discussing his friendship with Trump. Epstein, who was awaiting trial for sex trafficking when he died in 2019, spoke at length to author Michael Wolff about his connection to the former president.

Crypto Policies in Focus: Trump and Harris Differ

Both candidates’ views on cryptocurrency regulation are attracting attention. Trump has shown strong support for crypto, even hosting a pro-crypto event at Mar-a-Lago in May and allowing crypto donations for his campaign.

Harris, by contrast, has taken a more reserved approach. In September, she expressed conditional support for crypto, aligning it with a broader economic strategy. Ripple co-founder Chris Larsen backed Harris with an $11.8 million donation, anticipating that she would bring a fresh approach to crypto regulation.

Reflecting market uncertainties, Bitcoin recently dropped to $68,000, with the overall crypto market cap slipping by nearly 2%. Bitcoin briefly fell to $67,300 before stabilizing above $68,000, while Ethereum also saw a decline to $2,400.

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