"Divided government is likely the most important outcome for crypto as we believe that is what produces a bipartisan regulatory structure that will remain intact regardless of what happens in future elections," he wrote in a note for TD Cowen clients.
"That matters as we see policy stability as critical to the further development of the crypto sector," Seiberg argued. A bill driven entirely by one side of the aisle becomes an easy target when the tables turn.
As of mid-afternoon Tuesday in New York, this 'elite' model projects Harris will win 276-251, whereas Polymarket as a whole sees Trump winning 287-262.
Both operations suggested Vice President Kamala Harris has an advantage so slight that it's laughably unhelpful in the polling world.
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