Trump Surges to 67% in Polymarket Odds Post Presidential Debate

Trump’s chances of winning the 2024 election have seen a significant surge on Polymarket following the first debate. The debate raised concerns among blockchain bettors about President Biden’s performance, leading to a boost in former President Trump’s odds, which reached as high as 67%. Polymarket reported experiencing a temporary downtime due to the influx of traffic during the debate. Market sentiment is increasingly skeptical about Biden’s ability to stay in the race, with a less than 70% chance of him being the Democratic nominee, while California governor Gavin Newsom and Michelle Obama saw their probabilities rise to 17% and 7%, respectively. Additionally, the debate led to a surge in a contract speculating whether Biden would drop out of the race, reaching a likelihood of 43%. Crypto and bitcoin were not discussed during the debate, despite being a campaign issue for Republicans. Notably, independent candidate Robert F. Kennedy Jr. was not included in the debate, but he garnered substantial viewership on social media with his responses to the questions posed to Trump and Biden, drawing in 5.6 million views.