RFK Jr. Drops Out of Presidential Race as Trump Takes Lead on Polymarket

Published: Aug 26, 2024
Written By:
Sebastian Gamez
Sebastian Gamez
Milk Road Writer

Robert F. Kennedy Jr. is out of the 2024 presidential race. Meanwhile, Trump is leading on Polymarket with 51% of people betting on him to win. Looks like RFK Jr. might be eyeing a spot on Team Trump.

Key points:

  • RFK Jr. bows out: Kennedy drops out of the race right before a big Arizona speech.
  • Trump’s invite: Trump hints that RFK Jr. could join his administration.
  • Polymarket shift: Trump overtakes Harris with 51% betting on his victory.
  • Harris slips: Kamala Harris sees her odds dip to 47%.
  • Crypto’s wild ride: The election could shake up global crypto regulations.

RFK Jr. Bows Out, Trump Takes the Lead:

Robert F. Kennedy Jr. has decided that running for president is like trying to finish a Netflix series when your Wi-Fi is acting up — not worth the hassle. He’s officially dropped out of the 2024 race, leaving many to wonder if he’s about to buddy up with Donald Trump.

Source: Arizona Secretary of State

RFK Jr. is set to make an announcement in Arizona that might include some bromance vibes for the former president. Trump has already floated the idea of giving RFK Jr. a role in his administration, proving that politics really does make for strange bedfellows.

Over on Polymarket, Trump is now the frontrunner, with 51% of users betting on him to win. Kamala Harris, who was leading the odds last week, has seen her chances slide down to 47%.

The crypto community, watching this race like it’s the next big memecoin launch, is particularly interested in what this all means for future regulations.

After all, the U.S. has a pretty big say in global crypto standards.

RFK Jr.’s earlier promises to back the U.S. dollar with $BTC made him a crypto darling, but now, with his sights possibly set on a Trump partnership, the industry is left wondering what’s next.

Will Trump go full Bitcoin maxi? Only time (and possibly a few more Polymarket bets) will tell!

Sebastian Gamez

Sebastian has been immersed in the crypto space since 2021, specializing in research and building a deep understanding of blockchain technologies. His expertise includes exploring innovative trends and sharing insights through content creation, all driven by his passion for how crypto can reshape industries and unlock new possibilities for the future.

Sebastian Gamez
Sebastian Gamez
Milk Road Writer
Sebastian has been immersed in the crypto space since 2021, specializing in research and building a deep understanding of blockchain technologies. His expertise includes exploring innovative trends and sharing insights through content creation, all driven by his passion for how crypto can reshape industries and unlock new possibilities for the future.