{"id":135402,"date":"2024-08-13T09:30:52","date_gmt":"2024-08-13T06:30:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135402"},"modified":"2024-08-13T00:26:28","modified_gmt":"2024-08-12T21:26:28","slug":"kamala-harris-poll-lead-linked-to-bitcoins-price-drop-analysts-say","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/kamala-harris-poll-lead-linked-to-bitcoins-price-drop-analysts-say\/","title":{"rendered":"Kamala Harris&#8217; Poll Lead Linked to Bitcoin&#8217;s Price Drop, Analysts Say"},"content":{"rendered":"<p>Harris has been outperforming Trump in several polls, including those on the cryptocurrency prediction platform Polymarket, and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>has been showing weakness. Bernstein analysts suggest this link may not be purely coincidental.<\/p>\n<p>The analysts <strong><a href=\"https:\/\/www.dlnews.com\/articles\/snapshot\/bernstein-blames-harris-presidential-lead-for-weak-bitcoin-price\/\" target=\"_blank\" rel=\"nofollow\">propose<\/a> <\/strong>that market sentiment views a Trump victory as favorable for Bitcoin, while a Harris win is seen as negative, at least in the short term. Since Harris was nominated on August 4, Bitcoin has dropped by 3%, falling below $50,000 amidst a broader market downturn triggered by the yen carry trade unwinding. The cryptocurrency has yet to recover its peak of $73,700 from March.<\/p>\n<p>The increase in Harris\u2019 position on Polymarket appears to be unsettling the crypto market, with Bitcoin struggling to surpass the $70,000 mark it reached in June.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/el-salvador-secures-historic-1-6b-investment-for-bitcoin-city-ports\/\" title=\"El Salvador Secures Historic $1.6B Investment for Bitcoin City Ports\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/salvador-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">El Salvador Secures Historic $1.6B Investment for Bitcoin City Ports<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>This election is notable for the prominence of cryptocurrencies on the political stage. Trump\u2019s campaign has actively supported Bitcoin, promising to create a national Bitcoin treasury, support miners, and even dismiss SEC Chairman Gary Gensler if elected. His pro-Bitcoin stance has resonated with many in the crypto community, including influential figures like Messari co-founder Ryan Selkis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a recent Bernstein report, Kamala Harris&#8217; unexpected lead over Donald Trump in presidential polls seems to coincide with a decline in Bitcoin prices.<\/p>\n","protected":false},"author":3,"featured_media":132451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27,22],"tags":[72],"class_list":["post-135402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-others","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kamala Harris&#039; Poll Lead Linked to Bitcoin&#039;s 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