Crypto market reacts as Trump tops Harris in predictions

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Trump's odds surge amid Musk's endorsement, while meme coins reflect shifting political dynamics in crypto market.

In a significant turn of events amidst the 2024 presidential race, Republican candidate Donald Trump is regaining momentum, surpassing Democratic counterpart Kamala Harris in betting odds.According to the latest data from Polymarket, Trump now holds 53.35% of the projected votes, while Harris trails at 46.2%., which aggregates data from five leading markets, indicates Trump is positioned at a 50.6% likelihood of winning in November, marking a 1.5% increase over Harris’s 48.7%.

I just think she’s a better candidate.”That being said, should Trump win the upcoming election, the implications could ripple throughout the Securities and Exchange Commission .In fact, there are already rumors suggesting that Trump would consider appointing Dan Gallagher, the Chief Legal Officer of Robinhood, as Gensler’s successor.Meanwhile, the sentiment within the meme coin market has reacted strongly to these developments.

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Harris-Trump debate ignores crypto, triggers market unrestThe Harris-Trump debate ended without any mention of crypto, as Trumps' winning odds on Polymarket dropped by 3%.
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