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Cryptocurrencies Absent Once Again at the Second 2024 Presidential Debate

Cryptocurrencies Absent Once Again at the Second 2024 Presidential Debate

TL;DR

  • Cryptocurrencies were not a topic in the second presidential debate between Kamala Harris and Donald Trump.
  • Polymarket showed a tie in its prediction of the debate results.
  • Despite the interest in the crypto sector, the focus was on traditional topics such as economics and health.

The  second 2024 presidential debate  between  current Vice President Kamala Harris and former President Donald Trump was held  without any mention of cryptocurrencies, despite the growing interest the sector has shown in the country’s policies.

With less than two months to go until the election, the  event  was an  important opportunity  for both candidates to outline their  visions for the future of the United States, including potential implications for the financial and technology sectors.

However, the topics discussed during the just over 90 minutes of debate focused on  more traditional issues  such as the  economy,  immigration, and  health care, leaving aside both cryptocurrency and other relevant technological topics, such as  artificial intelligence  or the expansion of data centers.

Once again, the  lack of attention to cryptocurrencies in the presidential debates underscores the difficulties this industry faces in positioning itself on the   high-level political stage.

Even though regulations related to the crypto sector are of utmost importance for its future,  neither Trump nor Harris addressed the issue.

Both candidates focused on attacking each other’s policies and highlighting their own accomplishments, with  Trump  concentrating on  contrasting his administration to that of Joe Biden, while  Harris  appealed to  undecided voters, emphasizing her support for  small businesses  and  key social policies  such as  abortion rights.

Cryptocurrencies absent again from the second presidential debate of 2024

Beyond cryptocurrencies, it balances out as a tie according to Polymarket

Prediction platform Polymarket had Trump  leaning slightly  ahead of the debate, but by the end of the broadcast, both he and Harris were tied in betting odds on who would win the election.

Despite this  tie in the prediction market, a  CNN snap poll revealed that  Harris was seen as  the winner of the debate, which could influence future opinion polls.

It is important to highlight that the strategies of both candidates during this meeting were focused on attracting a  broader electorate.

While  Trump  defended his  past policy decisions, including his  response to COVID-19  and his  plan to impose tariffs  on foreign goods,  Harris  chose to launch provocations aimed at  Trump,  such as  comments about the size of his crowds  at past events, seeking to appeal to  moderate voters  with a focus on supporting the  middle class  and  protecting essential rights.

As for the  future of cryptocurrencies and technology in general, it is still uncertain whether these issues will be addressed in future discussions or whether they will continue to be relegated to the background.

With a third debate looming  before the election, tech and financial  voters   are still waiting for  clear answers  on the two candidates’ policies in these key areas.

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