Thursday, September 12, 2024

They're betting against him

Users of the online betting market PredictIt pushed her chances of winning to 55 percent by Wednesday afternoon [after the debate], while Trump’s chances fell to 48 percent.

Other betting markets were more muted, but are also putting their post-debate money on Harris: She overtook Trump across online oddsmakers on Wednesday, according to an average of betting markets by RealClearPolitics.

[...]

Shares in Trump Media & Technology Group, the parent company of Trump’s Truth Social network, plunged more than 16% on Wednesday morning to a record low. The shares recovered a bit by mid-afternoon, but were still down more than 12%.

[...]

The prices of Bitcoin and of several cryptocurrency-related stocks, including Coinbase, also fell on Wednesday morning, before partly recovering by mid-afternoon.

Trump has embraced crypto in this election cycle, and is generally seen as the more pro-crypto candidate. (Harris has also garnered some support from crypto investors, but has been less outspoken about digital currencies than Trump – who is also reportedly involved in starting a crypto business.)

  NPR
...but hey, do what you want...you will anyway.

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