Trump extends lead over Harris

Election day in the US is less than a month away and Donald Trump’s lead has increased to 8.6% on Polymarket; This has been Harris’ biggest advantage since entering the race.

Republican presidential candidate Donald Trump has extended his lead on Polymarket, with his odds now at 53.6%, up 8.6% from recent estimates. This marks Trump’s biggest lead over Democratic candidate Kamala Harris since he entered the US presidential race.

Polymarket data shows Harris has a 45.7% chance of securing the White House. The platform saw a total of $1.42 billion in bets on the November election; Trump leads in volume, pulling in $338 million compared to Harris’ $294 million.

Trump’s uptick in fortunes came after his October 5 rally in Butler, Pennsylvania. Trump hinted he would revisit the case of Silk Road founder Ross Ulbricht but refrained from commenting directly on the crypto industry.

Meanwhile, billionaire Elon Musk, who shared the same stage with Trump, called on voters to participate in the upcoming elections and emphasized that this is very important.

Election day in the United States is Tuesday, November 5.

Polymarket has attracted significant interest this election season as punters place large bets on current events. Polymarket is a decentralized prediction market that allows users to bet on the outcomes of real-world events using crypto.

Cryptocurrency embracing politics this election season

This election season, both political parties are trying to appeal to the crypto community and its financial contributions. The support among crypto holders demonstrates the growing influence of digital assets in American politics.

During his recent campaign tour, Trump openly expressed a pro-crypto sentiment. On Aug. 29, he announced plans to make the United States the “crypto capital of the planet” if re-elected, signaling a startup run by his sons called World Liberty Financial.

On the Democratic side, Harris’ campaign team launched the Crypto4Harris initiative in early August to engage the crypto community and counter Republican efforts to appeal to crypto voters. The campaign aims to develop a pro-crypto policy framework to repair Harris’ relationship with the crypto industry.