With just a short time left until the US presidential elections, Bitcoin and cryptocurrency supporter candidate Donald Trump is ahead of his rival Kamala Harris by a large margin.
According to Polymarket data, Donald Trump's probability of winning is priced at 60.5%, while Kamala Harris' probability of winning is priced at 39.5%.
This shows that BTC and cryptocurrencies play a critical role in US elections, while a survey conducted by a non-profit organization, the US Chamber of Digital Commerce, revealed that there is a crypto voting block of 26 million voters.
According to the survey, there are approximately 26 million US voters who will take a cryptocurrency approach when deciding who to vote for in the November elections.
16 percent of respondents said they would vote for the candidate who supports cryptocurrencies the most.
At least 25% of Democrats and 21% of Republicans surveyed said a candidate’s stance on cryptocurrencies influenced their voting decisions.
“There are 26 million people who stated that they will vote in the US presidential election based on the candidate's perspective on cryptocurrencies.
16% of its participants said they would vote for a pro-crypto candidate.
Among black Americans, 4 in 10 think crypto is important or very important.”
Chamber of Digital Commerce founder and CEO Perianne Boring said the survey results should be a warning to policymakers, adding, “This crypto voting bloc could shift the balance in key places. Because voters are sending a clear message: They want smart, balanced regulations that protect consumers but don’t stifle innovation.”
*This is not investment advice.
