CandleFocus

Polymarket hits weekly all-time high in user activity tied to US election

The recent US presidential debate has sparked increased user activity on the prediction market platform Polymarket, with a weekly all-time high of 72.8% of users engaging in election-related bets. Vice president Kamala Harris' odds of winning the election on Polymarket are now tied with former president Donald Trump at 49%. During the debate, Bitcoin's price dipped by 3%, possibly due to a lack of remarks related to cryptocurrency. However, a trader predicts that Bitcoin will enter an upward movement in the next two weeks, following the pattern observed after previous halvings.

Related News