Following the Tuesday, Sept. 10, debate between former U.S. President Donald Trump and Vice President Kamala Harris, their odds are now tied on Polymarket.

Trump’s 5% lead against Harris has decreased on the prediction platform Polymarket after their first-ever debate. According to data from Polymarket, both candidates are now tied with 49% winning odds in the upcoming U.S. elections.

Notably, the former U.S. president saw his chances rise to 72% in July after the Bitcoin 2024 conference in Nashville.

The total amount of bets on the next U.S. president has exceeded $860 million, according to Polymarket data. Of this tally, Trump is still leading with over $130 million, followed by Harris’ $114 million.

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While some analysts believe that Harris made Trump β€œlose his cool multiple times,” billionaire Tesla CEO Elon Musk claims the hosts were β€œunfair” to Trump.

While I don’t think the debate hosts were fair to @realDonaldTrump, @KamalaHarris exceeded most people’s expectations tonight. That said, when it comes to getting things done, not just saying nice-sounding words, I strongly believe that Trump will do a far better job.

Elon Musk posted on X.

β€œAfter all, if Kamala can do great things, why hasn’t she? Biden rarely shows up for work, so she’s basically in charge already,” Musk added.

Some even mocked the fact-checking process of the debate hosts.

It’s important to note that there are expectations of Trump bringing Musk to the cabinet if elected.

The crypto market witnessed bearish momentum following the debate between Trump and Harris. According to data from CoinGecko, the global crypto market cap declined by 1.7% over the past 24 hours and is currently sitting at $2.07 trillion.

Bitcoin (BTC) slipped 1% and is trading at $56,500 at the time of writing. Ethereum (ETH) witnessed a similar drop and is currently hovering at $2,330.

Stay tuned for more updates on Global Crypto News.