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International Business Times
International Business Times
Business
Marvie Basilan

Republican Sweep More Likely In 2024 US Elections: Polymarket Bettors

Polymarket Donald Trump Kamala Harris United States Republican Crypto Republican Party Fox News
Balloons fall after former US president Donald Trump accepted his party's nomination at the Republican National Convention in Milwaukee. (Credit: AFP)

KEY POINTS

  • Over $31 million has been poured into the event contract predicting the 2024 elections' balance of power
  • Polymarket bettors believe there is a 23% chance for Harris government with a GOP Senate and Democratic House
  • They believe there is a 15% chance for a Trump admin with a Republican Senate and Dem House
  • Trump now has a 24% lead over Harris in the presidential winner event contract

Cryptocurrency bettors on Polymarket have raised the Republican Party's chances of commanding a sweep during the upcoming elections, suggesting that more crypto users may be leaning toward GOP candidates.

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