Democratic nominee Kamala Harris\u2019 winning odds increased following the presidential debate with Republican candidate Donald Trump. As the former US president and the Vice President\u2019s chances tied in the polls, the flagship cryptocurrency\u2019s price saw a mild 1.5% decline.<\/p>\n
Many investors awaited the mention of Bitcoin (BTC) and digital assets but were disappointed as the event concluded with no discussion of crypto policies.<\/p>\n
The crypto community awaited Tuesday\u2019s Presidential Debate hoping the candidates would discuss the industry\u2019s policies as a candidate\u2019s stance on digital assets has become a decisive factor for American voters.<\/p>\n
A recent report by global exchange Gemini revealed<\/a> that three in four crypto owners believe digital asset policies will impact voting in the elections. 73% of the surveyed plan to consider a candidate\u2019s stance on the industry before voting, while 37% claimed that these policies will have a \u201csignificant impact\u201d on their decision.<\/p>\n As a result, many investors hoped the sectors\u2019 policies would be discussed during the first showdown between the nominees. Former US President Donald Trump has embraced the crypto industry, which has earned him massive support from top figures within the space.<\/p>\n Trump has promised to tackle the regulatory crackdown<\/a> on the sector, pledging to end the Biden-Harris administration\u2019s \u201canti-crypto crusade.\u201d Additionally, he revealed his intention to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler, if elected.<\/p>\n Following the lack of crypto discussion during the debate, the US VP\u2019s stance on the sector remains undisclosed. Despite this, many community members consider that the Democratic nominee was the debate\u2019s winner.<\/p>\n Bitcoin Bull Mike Novogratz said<\/a> VP Harris \u201csmoked\u201d the Republican nominee during the debate, joking that the Republican National Committee (RNC) would replace Trump after Tuesday\u2019s event. Novogratz also suggested that the election\u2019s outcome won\u2019t be clear until the results are in, stating, \u201cOur election will be decided in six states that are gonna be close.\u201d<\/p>\n Other community members considered<\/a> Americans the \u201creal losers\u201d after the debate, as both candidates \u201cdanced around the real problems, like rising inflation, endless government overreach, and the federal reserve\u2019s money printing.\u201d<\/p>\n QCP Capital stated<\/a> in a Telegram message that Harris appears to have \u201cwon in the court of public opinion.\u201d However, it noted that neither candidate provided \u201ca clear message on economic policy.\u201d<\/p>\n The debate resulted in the Democratic nominee\u2019s winning odds increasing by 4%, according to Polymarket, Trump and Harris tied on Tuesday night with 49% chances of winning each. Nonetheless, the US VP took the lead<\/a> in the early hours of Wednesday.<\/p>\n\n VP Harris\u2019 odds were also positively impacted after global superstar Taylor Swift endorsed her. In an Instagram post, the American singer distanced herself from the pro-crypto Republican candidate, who recently shared AI images suggesting Swift and her fans supported him.<\/p>\nVP Harris Takes The Lead<\/h2>\n