Trump Tops Harris On Polymarket; Tron, Cardano in Green as Bitcoin Sinks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 21 2024
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Should l Buy ?
Source: Yahoo Finance
Cryptocurrency Market Trends: Major altcoins like ETH, SOL, BNB, and XRP experienced declines as Bitcoin struggled to surpass $60K, while TRX and ADA saw gains due to increased network activity and a new memecoin generator.
Political Betting Insights: Donald Trump has overtaken Kamala Harris in Polymarket's election winner predictions, with close odds in swing states, although analysts believe that factors like U.S. monetary policy will have a greater impact on Bitcoin's price than political developments.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
