Good Morning from Cumberland APAC! The US presidential election is a week away, and it’s the only story that crypto markets are following. Most of the polling data has this as a close race, with a slight but not insignificant advantage to Trump. While Harris leads slightly in the national polling average, it’s the swing states that will end up mattering. In the most recent polls, it’s essentially even in Wisconsin, Nevada, and North Carolina, Harris leads slightly in Michigan, and Trump leads in Pennsylvania and Georgia. Crucially, all of these are well within the polling margin of error; either candidate could end up sweeping all six. From the polling data alone, this looks on paper to be the closest race in recent memory.

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