On the betting platform Polymarket, Kamala Harris' odds of winning the U.S. presidential election have risen from 33% to nearly 39%, while Donald Trump's odds have decreased to 61%. This increase in Harris' odds may reflect traders hedging their bets in anticipation of potential voting irregularities that could impact Trump's campaign. With significant trades surpassing $10,000 each, both large bets on Harris and protective trades against a Trump loss indicate a strategic shift among market participants. The current market dynamics have also influenced the crypto market, as some observers link Trump's decline on Polymarket to a 4.4% drop in the CoinDesk 20 Index. The dynamic odds on Polymarket are driven by blockchain-based trading, where large purchases can lead to volatile shifts in prices. Some traders are reportedly capitalizing on apparent arbitrage opportunities between different election-based markets, while Trump's camp continues to allege election fraud in crucial states.

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