Republican

Donald Trump

Elon Musk

Republican presidential candidate Donald Trump extended his lead on Polymarket over Democrat presidential runner Kamala Harris after a strong speech with Elon Musk, the billionaire Tesla CEO.
According to <a href="https://polymarket.com/event/presidential-election-winner-2024/will-donald-trump-win-the-2024-us-presidential-election?tid=1721228789332" target="_blank" rel="noopener noreferrer nofollow">data</a> provided by Polymarket, Trump is leading with a 50.8% chance of winning the forthcoming U.S. elections. Harris currently stands at 48.4% odds of becoming the next U.S. president.
The total amount of bets on the November presidential election winner on the market prediction platform has reached $1.35 billion. Trump leads the chart with a $318 million volume, followed by Harris’ $258 million.
Trump, once again, <a href="https://www.youtube.com/watch?v=8NPpd1l-6nA" target="_blank" rel="noopener noreferrer nofollow">hinted</a> at releasing Ross Ulbricht, Silk Road founder, from prison in his speech on Oct. 5 in Butler, Pennsylvania. However, neither Trump nor Musk made any direct claims about the crypto industry.
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Musk strongly and repetitively invited everyone to vote in the November elections and claimed that “if you don’t, this will be the last election.”
Per a crypto.news report on Oct. 5, Ben Horowitz, a venture capitalist who previously supported Trump before President Joe Biden left the race, <a href="https://crypto.news/vc-vet-ben-horowitz-to-support-kamala-harris-after-donating-to-trump-report/" target="_blank" rel="noopener noreferrer nofollow">shifted</a> his focus to Harris.&nbsp;
Horowitz said that he will make a “significant” donation to Harris’ presidential campaign as he’s hopeful for her tech policies to help industries like crypto and artificial intelligence.
The crypto market witnessed a strong bullish momentum following the Trump and Musk speech on the weekend. The global crypto market cap surged by 1.7% in the past 24 hours and is currently sitting at $2.31 trillion, according to <a href="https://www.coingecko.com/en/global-charts" target="_blank" rel="noopener noreferrer nofollow">dat</a><a href="https://www.coingecko.com/en/global-charts" target="_blank" rel="noopener noreferrer nofollow">a</a> from CoinGecko.
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/hmstr-sui-ftt-top-cryptocurrencies-to-watch-this-week/"> HMSTR, SUI, FTT: Top cryptocurrencies to watch this week </a>

Trump extends lead on Polymarket after pivotal speech with Elon Musk

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