Donald Trump’s chances of winning stand at 56.5% as per Polymarkets.
Trump has promised to support Bitcoin and blockchain technology if voted president.
Bitcoin (BTC), Bittensor (TAO), and Solana (SOL) are expected to turn bullish if Trump wins.
Bitcoin (BTC) is predicted to make notable gains and reach new highs if Donald Trump, the Republican candidate and a strong advocate for crypto, wins the U.S. presidential election.
According to the data from Polymarkets, Trump currently holds a 56.5% chance of winning in the 2024 election, while his opponent, Kamala Harris of the Democratic party, holds a 43.5% chance. A massive $1.2 billion in bets have been placed on Trump, while Harris has attracted $771 million.
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With the voting to start November 5th and the results approaching, Trump’s agenda promises to replace SEC Chairman Gary Gensler and support wider adoption of Bitcoin and blockchain technology. If Trump secures the win, BTC may soar, with Bittensor (TAO) and Solana (SOL) also potentially seeing significant gains.
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