In a national poll conducted by Fox News on October 16, 2024, Republican nominee Donald Trump leads U.S. Vice President Kamala Harris by 2%. This marks Trump’s best performance since announcing his campaign in November 2022, with him at 50% and Harris at 48%. The race remains tight as both campaigns enter the final stretch before the upcoming presidential election, with Trump gaining momentum and leading in Polymarket’s official 2024 election forecast. This reversal of lead comes as a surprise to many, showing the unpredictable nature of the political landscape.
The new Fox News poll is significant as it coincides with both candidates outlining their stances on digital assets and cryptocurrencies. Harris recently announced an initiative aimed at creating an “opportunity economy” for Black male voters, promising to protect digital assets and ensure fair regulatory frameworks. This move is aimed at benefiting owners and investors in the digital asset market, particularly Black men who make up a significant portion of cryptocurrency holders. In addition to crypto protections, Harris has proposed various other initiatives, including forgivable loans for Black entrepreneurs and the legalization of recreational marijuana.
Despite Harris’s focus on digital asset protections, Trump has taken a different approach by launching a new cryptocurrency token under his family’s platform, World Liberty Financial. The token launch, however, has not been as successful as anticipated, raising only $12 million of its $300 million goal within the first 24 hours. Critics have questioned the validity of the token launch, likening it to a pump-and-dump scheme, despite Trump being perceived as the more crypto-friendly candidate. Trump has previously promised to enact favorable regulatory frameworks for digital assets if he wins the upcoming election.
The contrast between the candidates’ approaches to digital assets highlights the importance of cryptocurrency policies in the current political landscape. While Harris focuses on regulatory protections and initiatives targeting Black male voters, Trump’s token launch underlines his interest in the crypto space. The race between the former president and the current vice president remains uncertain, with the outcome of the election still too close to call. Both campaigns are actively campaigning and engaging with voters to secure their support in the final weeks leading up to the election.
As the election approaches, both candidates are actively engaging with voters and outlining their policies on various issues, including digital assets. Harris’s focus on fair regulations and protections for digital assets contrasts with Trump’s token launch under his family’s platform. The unpredictable nature of the race is evident in the latest Fox News poll, which shows Trump leading by 2%. With the outcome of the election still uncertain, both campaigns are working towards securing the support of voters, particularly in key demographics like Black male voters who play a significant role in the digital asset market. The final stretch of the campaign promises to be exciting as the two candidates aim to win over undecided voters and secure victory in the upcoming presidential election.
