Kamala Harris's Election Odds Surge After Tim Walz Nomination
Vice President Kamala Harris's election odds have seen a significant boost on the prediction market platform Polymarket following her nomination of Minnesota governor Tim Walz as her running mate. Data from Polymarket shows Harris's odds at 48%, closing in on former President Donald Trump's 51%. This increase surpasses the peak of President Joe Biden's chances during the previous election.
The positive sentiment surrounding the Harris campaign is also reflected in the increased odds of a debate between Vice Presidential nominees JD Vance and Tim Walz, which now stand at 85%.
While Governor Walz has yet to comment on his stance on cryptocurrencies, experts anticipate a tougher approach to financial regulation under his influence. A grassroots effort called "Crypto4Harris" aims to influence the Harris campaign's crypto policies by advocating for a "nuanced crypto policy approach." The group is holding a virtual Town Hall on August 15th, where industry leaders will discuss plans to support the campaign. Notably, Mark Cuban, who was contacted by the Harris team recently, has been invited to the event.
The influence of Bitcoin as an institutional asset class is expected to be a key topic at Benzinga's upcoming Future of Digital Assets event on November 19th. This event will provide further insights into the evolving landscape of cryptocurrency and its potential impact on the upcoming election.