Bitcoin24h $78,695.33+4.35%

Ethereum24h $2,339.20+5.25%

BNB24h $777.18+3.58%

XRP24h $1.62+3.00%

Solana24h $104.39+4.34%

TRON24h $0.2830+0.06%

Dogecoin24h $0.1075+4.40%

Hyperliquid24h $37.52+21.23%

Cardano24h $0.3007+6.07%

Bitcoin Cash24h $531.48+4.20%

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.