Bitcoin24h $103,549.64-1.65%

Ethereum24h $2,520.46-3.63%

XRP24h $2.14-2.46%

BNB24h $653.90-2.25%

Solana24h $153.90-5.91%

Dogecoin24h $0.1876-8.24%

TRON24h $0.2684-1.00%

Cardano24h $0.6654-5.12%

Sui24h $3.14-8.78%

Hyperliquid24h $31.00-5.26%

CHART: Crypto election markets and polls show very different odds

On Monday, Donald Trump’s odds of US election victory were 66% on crypto-friendly Polymarket but just 48% on The Hill. What gives?

Pro-Trump whale Fredi9999 is shifting Polymarket odds

Fredi9999 has transacted over $73M worth of mostly pro-Donald Trump bets and currently has $12M on the line for the election on November 5.

Commentators have accused a Polymarket trader of attempting to manipulate the US election market in order to win a bet on a side-market.

Polymarket has promised the Commodity Futures Trading Commission that it will never allow US residents to wager using its platform.

Although crypto is not a main topic of the 2024 US presidential election, the industry is 10X richer than it was last election.