The US presidential election is just around the corner, with odds favoring Trump over Harris. Polls show Trump’s winning probabilities ranging from 52.9% to 66.1%, with key swing states leaning his way. As a result, Trump Media Group shares have surged 141%, and Trump-themed meme coins like MAGA are up 29.32%.
However, the broader crypto market is struggling, with only Bitcoin, USDC, DOGE, and TRON showing gains. Ethereum has faced volatility, dropping nearly 10% after peaking at $2,746.
As markets react to political shifts, traders should stay cautious amidst speculation. The intersection of politics and crypto will be critical in the coming weeks!
