Bitcoin Drops and Recovers as Harris Polls Surge Post-Debate

  • Kamala Harris’ odds of winning the presidential election surged after the recent debate.

  • Harris’ winning odds stood at 50% against Trump’s 49%.

  • The recent debate had a “sell the news” effect on the markets.

U.S. Vice President Kamala Harris’ odds of winning the upcoming presidential election have risen sharply following her recent debate with Republican candidate Donald Trump. Polling data from several platforms reflect Harris’ increasing momentum, with Polymarket, a decentralized prediction market, showing a near-tie between the two contenders as Harris narrows the gap.

Harris and Trump Neck-and-Neck Post-Debate

According to Polymarket, Harris’ odds of winning the November 2024 election now stand at 50%, with Trump trailing closely at 49%. Pre-debate figures showed Harris at a 46% chance of victory compared to Trump’s 52%. The shift suggests Harris performed better in the Tuesday night debate, a view shared by many observers. However, the market reaction indicated a “sell the news” phenomenon, reflecting cautious investor sentiment amid concerns over Trump’s debate performance.

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