Kamala Harris’ Rising Election Odds Impact Bitcoin and Altcoins
Share:
Predictions Markets
See what traders are focused on
- VP Kamala Harris overpowers Donald Trump in betting odds on the presidential election.
- Though Bitcoin dipped to a daily low yesterday, it recovered recently, marking nearly a 3% surge.
- Peter Schiff hints at a possible inflation if Kamala Harris wins the presidential election.
Bitcoin experienced a sharp drop after the U.S. presidential candidates’ debate and a shift in the betting markets. As VP Kamala Harris’ odds on Polymarket climbed to 56%, surpassing Donald Trump’s 48%, Bitcoin dropped to a daily low of $55,591. Economist Peter Schiff, commenting on Harris’ rising odds, predicted an impending inflation should she be elected.
According to the latest data from Polymarket, Kamala Harris remains the leading candidate in the presidential race, even with minor fluctuations. Her odds dropped to 50%, while Trump’s odds rose to 49%.
Schiff suggested Harris may introduce government funding initiatives, implying the pos…
The post Kamala Harris’ Rising Election Odds Impact Bitcoin and Altcoins appeared first on Coin Edition.
Read More
Bitcoin’s first institutional bear market is starting to take shape and draining liquidity
