Biden And Trump Debate Had 0 Mention Of Bitcoin, What Are The Odds Kamala Harris And Ex-President Will End Up Discussing Crypto?
Portfolio Pulse from Aniket Verma
The upcoming debate between Trump and Harris is unlikely to feature discussions on Bitcoin or cryptocurrencies, according to Polymarket odds. A Trump victory could boost Bitcoin's price, while a Harris win might lead to a decline.
September 10, 2024 | 1:57 am
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POSITIVE IMPACT
Polymarket, a prediction platform built on Ethereum's Layer-2 chain, Polygon, is gaining traction for U.S. election predictions. The platform's activity reflects interest in the election's impact on cryptocurrencies.
Polymarket's use of Ethereum's Layer-2 technology highlights the growing role of blockchain in prediction markets, potentially increasing interest and usage of Ethereum.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Polymarket's use of Polygon, Ethereum's Layer-2 chain, underscores the platform's efficiency in handling election prediction markets, potentially boosting Polygon's adoption.
Polygon's integration in Polymarket demonstrates its capability in handling large-scale prediction markets, which could lead to increased adoption and interest in the technology.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
The debate between Trump and Harris is unlikely to mention Bitcoin, but the election outcome could significantly impact its price. A Trump victory might propel Bitcoin to $80,000-$90,000, while a Harris win could see it drop to $30,000-$40,000.
The article suggests that the election outcome will have a significant impact on Bitcoin's price. Trump's support for cryptocurrencies could drive prices up, while Harris's lack of stance might lead to uncertainty and a potential price drop.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80