Trump Leads Harris on Polymarket After Musk Endorsement, but Trails in This Key State
Elon Musk says that prediction markets are more accurate than polls.
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Elon Musk says that prediction markets are more accurate than polls.
Geopolitical risk fueled by conflict in the Middle East and the upcoming U.S. election are likely to reinforce the debasement trade, to the benefit of both bitcoin and gold, the report said.
Most gains come in the latter part of the month.
Former president reportedly bought burgers using bitcoin at the crypto-themed bar.
The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday.
World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project’s “DeFi visionary.”
Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.
Crypto wasn’t even mentioned during Tuesday’s U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel universe of often-ridiculous trading around the faceoff – taking place on blockchain-based prediction markets and memecoin launchpads.
If Kamala Harris wins, bitcoin could drop to as low as $30K, the report said.
Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday