Bitcoin24h $65,672.92-1.57%

Ethereum24h $1,779.45-2.77%

BNB24h $604.50-3.32%

XRP24h $1.21-4.97%

Solana24h $73.17-2.35%

TRON24h $0.3171-0.74%

Hyperliquid24h $73.64+7.89%

Dogecoin24h $0.0866-3.32%

UNUS SED LEO24h $9.72-0.85%

Zcash24h $501.89-4.71%

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.