Trump bull is days away: Bitcoin could soar!
Donald Trump, who has widened the gap in the US presidential election, is winking at the Bitcoin bull.
Former US President Donald Trump is currently leading Vice President Kamala Harris by 10 points on Polymarket. According to September betting odds, Trump seems to be on the gas. Trump also took back Harrisâ lead in 4 of the 6 swing states and is now ahead in Arizona, Georgia, Michigan and Pennsylvania. Arizona and Georgia are the regions where the Republican candidate is strongest.
Trumpâs rising odds on Polymarket coincide with the former Presidentâs public display of support for the crypto industry in an effort to win over crypto voters. The Republican Party candidate bought a burger with Bitcoin at a bar in New York on September 18. The campaign event came shortly after Trump announced that his decentralized finance project, World Liberty Financial, was launching a native token.
This announcement has become a double-edged sword that has drawn mixed reactions from the crypto community. âI think it really hurts Trumpâs election prospects, especially if it gets hacked,â journalist Nic Carter said.
The veteran journalist also said, âItâs going to be the most obvious DeFi target ever. The platform itself was forked from a hacked protocol.â However, other industry professionals believe that the outcome of the 2024 presidential election will have little significance for Bitcoinâs price or crypto adoption. How the US presidential election will affect Bitcoin remains to be seen.
#CryptoDeNostradame #ParrotBambooCrypto
