Key Takeaways
- RFK Jr. exits the 2024 race ahead of his August 23 speech.
- Donald Trump leads in Polymarket predictions with 51%.
- RFK's exit could lead to a pro-Bitcoin alliance with Trump.
Robert F. Kennedy Jr. has officially withdrawn from the 2024 U.S. presidential election.
The independent candidate’s decision, filed on August 22 with the Arizona Secretary of State, precedes a scheduled public address on August 23 in Arizona. This move comes amid speculation that Kennedy might collaborate with former President Donald Trump, who recently indicated his openness to working with Kennedy if he exited the race.
Trump’s odds surge
Trump’s odds of winning the election have surged, particularly on the Polymarket prediction platform, where 51% of users now believe he will win.
In contrast, only 47% back Democratic candidate Kamala Harris. Just a week ago, Harris had a slight edge over Trump, leading by 52% to 46%.
Kennedy and Bitcoin
Kennedy had previously pledged to support Bitcoin (BTC) by backing the U.S. dollar with the digital currency, a stance that resonated with the Bitcoin community.
His potential alignment with Trump could strengthen this pro-Bitcoin policy, with Trump already showing interest in Bitcoin during his campaign.
RFK’s running mate, Nicole Shanahan, hinted at a possible unity ticket with Trump, suggesting their collaboration could drive significant policy changes, including in the Bitcoin space.
