Crypto Prediction Markets Favor Democratic Congress Takeover as Trump Polls Slip

BTCC / BTCC Square / Global Cryptocurrency /

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2026-05-21 23:20:02

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Prediction markets on Polymarket and Kalshi have become unlikely political barometers, with over $12.5 million wagered on the 2026 U.S. midterm elections. Traders overwhelmingly favor a Democratic victory in Congress, reflecting Donald Trump's declining poll numbers and Republican struggles to consolidate support.

The markets now function as quasi-political indicators, attracting attention beyond crypto circles—even in Washington. Polymarket alone shows $7 million in traded volume, while Kalshi's activity underscores the trend. This surge coincides with Trump's weakening position, turning these platforms into real-time gauges of electoral sentiment.

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