{"id":18470,"date":"2024-11-06T19:56:19","date_gmt":"2024-11-06T19:56:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=18470"},"modified":"2024-11-06T19:56:19","modified_gmt":"2024-11-06T19:56:19","slug":"this-viral-streamer-lost-700k-worth-of-btc-betting-on-kamala-harris-to-win","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=18470","title":{"rendered":"This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president.<\/span>
\nTrump\u2019s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K.<\/p>\n

<\/a><\/span><\/h2>\n

Betting on the Wrong Horse?<\/h2>\n

The US presidential elections are undoubtedly among this year\u2019s hottest topics. The latest results show<\/a> that the 47th president of the country will be Republican Donald Trump, who secured<\/a> vital victories in swing states like Pennsylvania, Georgia, and North Carolina.\u00a0<\/span><\/p>\n

His win led to a massive resurgence of the cryptocurrency market. Therefore, it was cheered by numerous proponents of the asset class and investors.\u00a0<\/span><\/p>\n

However, it is not beneficial to everyone. The <\/span>popular<\/span> Canadian online streamer F\u00e9lix Lengyel, better known as xQc, revealed that he wagered $700,000 worth of Bitcoin (BTC) on Harris. A victory for the Democratic candidate would have resulted in a massive profit of almost $1 million in the primary cryptocurrency.\u00a0<\/span><\/p>\n

THIS BETTER HIT LMFAO, THE ODDS WERE TOO GOOD I HAD TO. DONT GET IT TWISTED
\nPS: DONT GET MAD I CANT EVEN VOTE IM CANADIAN pic.twitter.com\/X2tECDEU8M<\/a><\/p>\n

\u2014 xQc (@xQc) November 4, 2024<\/a><\/p>\n\n

Most <\/span>of the<\/span> X users commenting on the post described the bet as unreasonable, considering Trump\u2019s better odds of emerging victorious. One person went even further, <\/span>arguing<\/span><\/a> that xQc should have donated the funds to charity instead of \u201cburning it\u201d by placing it on Harris.<\/span><\/p>\n

The Market\u2019s Reaction<\/span><\/h2>\n

As mentioned above, multiple leading cryptocurrencies headed north immediately after the reports indicating that Trump\u2019s win in the elections was just a matter of time.<\/span><\/p>\n

Bitcoin (BTC) soared<\/a> to a new ATH of over $75,000 before slightly retracing to its current $74,000 (per CoinGecko\u2019s data). Dogecoin (DOGE) pumped<\/a> <\/span>to<\/span> an eight-month high of almost $0.21, while numerous Trump-related meme coins skyrocketed by double digits.\u00a0<\/span><\/p>\n

On the contrary, memes connected to the Democratic candidate witnessed crucial losses. As <\/span>CryptoPotato<\/span><\/em> reported<\/span><\/a>, Kamala Horris (KAMA) crashed by over 90% daily, whereas Kamabla (KAMABLA) experienced a similar collapse.\u00a0<\/span><\/p>\n

The post This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president. Trump\u2019s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K. Betting on the Wrong Horse? The US presidential elections are undoubtedly among this year\u2019s hottest topics. The latest […]<\/p>\n","protected":false},"author":0,"featured_media":18471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18470"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18470"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/18471"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}