Bitcoin24h $96,262.81-2.38%

Ethereum24h $3,332.05-5.43%

XRP24h $2.21-6.56%

BNB24h $655.97-5.24%

Solana24h $180.89-9.29%

Dogecoin24h $0.3115-9.65%

Cardano24h $0.8905-8.77%

TRON24h $0.2442-3.32%

Avalanche24h $37.24-10.27%

Chainlink24h $22.00-8.94%

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.