Following the Tuesday, Sept. 10, debate between former U.S. President Donald Trump and Vice President Kamala Harris, their odds are now tied on Polymarket.

Trump’s 5% lead against Harris has plunged on the prediction platform Polymarket after their first-ever debate. According to data provided by Polymarket, both candidates are currently tied with 49% winning odds in the forthcoming U.S. elections. 

U.S. presidential winner odd – Sept. 11 | Source: Polymarket

Notably, the former U.S. president saw his chances rise to 72% in July after the Bitcoin 2024 conference in Nashville.

The total amount of bets on the next U.S. president has exceeded $860 million, per Polymarket data. Of this tally, Trump is still leading with over $130 million, followed by Harris’ $114 million.

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While some analysts believe that Harris made Trump “lose his cool multiple times,” the billionaire Tesla CEO Elon Musk claims the hosts were “unfair” to Trump. 

While I don’t think the debate hosts were fair to @realDonaldTrump, @KamalaHarris exceeded most people’s expectations tonight.That said, when it comes to getting things done, not just saying nice-sounding words, I strongly believe that Trump will do a far better job. After…

— Elon Musk (@elonmusk) September 11, 2024

“After all, if Kamala can do great things, why hasn’t she? Biden rarely shows up for work, so she’s basically in charge already.”

Elon Musk posted on X.

Some even mocked the fact-checking process of the debate hosts.

Pretty much how it went moderation fact checking wise pic.twitter.com/2kghhDfOTQ

— The Rabbit Hole (@TheRabbitHole84) September 11, 2024

It’s important to note that there are expectations of Trump bringing Musk to the cabinet if elected. 

The crypto market witnessed bearish momentum following the debate between Trump and Harris. According to data from CoinGecko, the global crypto market cap declined by 1.7% over the past 24 hours and is currently sitting at $2.07 trillion.

Bitcoin (BTC) slipped 1% and is trading at $56,500 at the time of writing. Ethereum (ETH) witnessed a similar drop and is currently hovering at $2,330.

Read more: Bitwise: Bitcoin price may see a ‘significant rally’ soon