🧮 Shifting Odds

What traders think about yesterday's debate.

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Happy Wednesday, Zingernation! No Bitcoin or crypto mention in yesterday’s debate? No problem, analysts say. Here’s why.

Today, we look at the the chances of another debate happening between Donald Trump and Kamala Harris, how Bitcoin and Ethereum ETFs are surging and more.

Plus, don't miss this chance to take home great prizes, including lifetime access to Benzinga Pro and an exclusive tour of the NYSE. Sign up Now! Click here for more information.

MARKET SNAPSHOT

TOP STORY

Polymarket traders once again hit the nail on the head with their debate prices.

Kamala Harris, a 78% favorite to win the debate before it started, is trading as a 99% favorite now.

The 61% chances for the VP to gain in the polls following the debate is now trading above 80%.

So what do Polymarket traders rate the chances of a second debate?

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QUICK N DIRTY

Shiba Inu’s burn rate spiked over 8,000% today but the chart and technical indicators are showing dark days ahead for the popular meme coin.

Peter Schiff clapped back at Michael Saylor, saying the ‘Bitcoin is scarce’ argument doesn’t stand because it doesn’t take demand into account.

Bitcoin and crypto didn’t get a mention in the presidential debate (again), but analysts are not disparaged by that.

FINTECH FOCUS

Bitcoin and Ethereum ETFs reversed their recent downtrend on Tuesday with a strong nine-figure inflow day.

But crypto is still held in limbo by the looming election.

One expert told Benzinga that both candidates need to establish leadership on crypto.

What he meant by that?

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