With the presidential election only a week away, MicroStrategy founder Michael Saylor turned up the political warmth a couple of notches larger, asking who between Donald Trump and Kamala Harris can be higher for Bitcoin BTC/USD.
What Occurred: Saylor, a identified Bitcoin evangelist, has been vocal in regards to the cryptocurrency’s rising affect in political discourse.
On Sunday, he added an X ballot, asking his 3.6+ million followers their opinion on the polarizing query. As of this writing, Trump was main with 91% of the votes, with nonetheless 18 hours left for the polling. The full variety of votes stood at 61,238.
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Why It Issues: Final month, Saylor mentioned that the Republicans, significantly Trump, have adopted a progressive stance in the direction of cryptocurrencies whereas the Democrats have been “drifting to the center.”
He had earlier acknowledged Bitcoin’s entry into the political dialog, a growth that was unthinkable 4 years in the past, with particular reward reserved for Trump’s ‘by no means promote your Bitcoin’ stand and the Republican nominee’s thought of a nationwide Bitcoin stockpile.
Prediction markets have been betting in favor of Trump to win the election, with cryptocurrency-focused Polymarket predicting a 65% likelihood of the previous president’s victory, whereas Kalshi confirmed his odds at 62%.
Nationwide polls revealed a a lot tighter battle, with the New York Occasions and CNN polls exhibiting each Harris and Trump tied at 48% and 47%, respectively.
Value Motion: On the time of writing, Bitcoin was exchanging arms at $67,744.20, up 1.18% within the final 24 hours, in response to knowledge from Benzinga Professional.
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