Analysis: Polymarket Betting and Polls Suggest Kamala Harris May Win the Election

IconCryptoNewsTerminal Staff12 Aug, 2024

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Analysis: Polymarket Betting and Polls Suggest Kamala Harris May Win the Election

Polymarket, a decentralized prediction market platform, and recent polls have shown an increase in the chances of Kamala Harris winning the 2020 U.S. presidential election. A report by Wall Street investment bank Bernstein suggests that this is likely due to the Democratic party's broad approach to cryptocurrency and Harris's lack of clear statements on regulating cryptocurrency, which is seen as a bearish signal for the cryptocurrency market, at least for the time being.