Recent data from Polymarket shows that Donald Trump has regained a 51% chance of winning the U.S. presidency, overtaking Kamala Harris who has dropped to 47%.
Trump's odds surged to a high of 71% in July but fell to 44% in August, before stabilizing as Harris's appeal declined among traders.
Traders have placed a significant $99 million in bets on Trump, with Harris attracting over $95 million in the same betting market.
Harris's declining odds come amid backlash over her proposal to tax unrealized gains for the ultra-wealthy, while Trump's odds benefit from his promotion of a decentralized finance project.
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