Canadian Prime Minister Mark Carney's chances of winning the upcoming election are improving on prediction markets, while support for Bitcoin proponent Pierre Poilievre has declined. As of now, 83% of speculators favor Carney to win the April 28 election according to crypto prediction platform Polymarket, while Poilievre's odds are at 17%. This marks a significant shift from earlier this year, where Poilievre was the poll leader, favored by many for his pro-Bitcoin stance. Carney, who has positioned himself as a critical figure against Trump’s policies, aligns with more traditional economic principles and advocates for a central bank digital currency (CBDC). Although he has criticized Bitcoin in the past, his appeal has strengthened as Canadians seem to favor his approach over Poilievre's style, which has been seen as potentially divisive. Recent developments indicate the tide may be turning in favor of Carney as the election date approaches, highlighting shifting sentiments in Canadian politics regarding cryptocurrency and leadership.

Source 🔗