{"id":16868,"date":"2024-09-11T12:03:18","date_gmt":"2024-09-11T09:03:18","guid":{"rendered":"https:\/\/forklog.com\/en\/cryptocurrency-absent-from-trump-harris-debate\/"},"modified":"2024-09-11T12:03:18","modified_gmt":"2024-09-11T09:03:18","slug":"cryptocurrency-absent-from-trump-harris-debate","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cryptocurrency-absent-from-trump-harris-debate\/","title":{"rendered":"Cryptocurrency Absent from Trump-Harris Debate"},"content":{"rendered":"

The presidential debate between candidates Kamala Harris and Donald Trump concluded<\/a> without addressing the topic of cryptocurrencies.<\/p>\n

During the two-hour discussion, the candidates covered foreign policy, immigration, and their administrations’ work. Prior to the debate, 26% of Polymarket users anticipated mentions of Bitcoin or other digital assets.<\/p>\n

According to the prediction platform, the odds<\/a> of the opponents have evened out. Previously, Trump held a slight advantage. The betting volume on the outcome reached $864.3 million.<\/p>\n

\"1-1202\"
Data: Polymarket.<\/figcaption><\/figure>\n

The absence of Bitcoin mentions in the debate elicited a moderately negative market reaction.\u00a0<\/p>\n

At the time of writing, the first and second largest cryptocurrencies by market capitalization are down 1.9% and 2.3% respectively, amid a 0.14% decline in the S&P 500 index.<\/p>\n

Trump-related PolitiFi tokens appear weaker than the market: MAGA (TRUMP) fell by 9.9%, Doland Tremp (TREMP) by 31.1%, and MAGA Hat (MAGA) by 22%. Meanwhile, Kamala Horris (KAMA) rose by 1%, according to CoinGecko<\/a>.<\/p>\n

\"2-892\"
Data: CoinGecko.<\/figcaption><\/figure>\n

The capitalization of PoliFi tokens overall decreased by 8.9%, to just over $538 million.<\/p>\n

By the end of the year, the price of digital gold could reach $90,000 if the Republican candidate wins or fall to $30,000 if he loses to Kamala Harris, according to Bernstein.<\/p>\n

Bitwise’s Chief Investment Officer Matt Hougan concluded<\/a> that politicians’ attitudes are irrelevant to the crypto industry. Former BitMEX CEO Arthur Hayes expressed<\/a> a similar opinion.<\/p>\n

In August, journalists questioned<\/a> Harris’s support for the digital asset industry due to her absence from Crypto4Harris events. Her campaign denied<\/a> these claims.<\/p>\n

Earlier, Bloomberg noted Bitcoin companies’ hopes<\/a> for Donald Trump’s return to the White House.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

The presidential debate between candidates Kamala Harris and Donald Trump concluded without addressing the topic of cryptocurrencies. During the two-hour discussion, the candidates covered foreign policy, immigration, and their administrations’ work. Prior to the debate, 26% of Polymarket users anticipated mentions of Bitcoin or other digital assets. According to the prediction platform, the odds of […]<\/p>\n","protected":false},"author":1,"featured_media":16867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,1638,1161,842,596],"class_list":["post-16868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-kamala-harris","tag-memes","tag-politics","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"38","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16868"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16868\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16867"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}