Farcaster

This weekend, polls and betting indicators on the US presidential election have seen some notable volatility.

With just 1 day and 15 hours left until the election, all we can do now is wait and see. Remember, polls and betting indicators do not determine who will become president; only the official vote results will determine.

Trump’s victory has been more or less reflected in Bitcoin prices over the past few weeks. While it’s impossible to determine the exact extent of the impact, this weekend we’re also seeing some risk-off moves, preparing for next week’s big event: the election and the Fed’s interest rate decision.

In short, the market is expecting a Trump victory and a 0.25% rate cut by the Fed.