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While Donald Trump, who stands out with his support for Bitcoin (BTC) and cryptocurrencies, is ahead in the vote rate predictions, Democratic candidate Kamala Harris has also taken action.
Harris is making plans to appeal to black voters amid growing support for Trump, Bloomberg reported.
According to a new campaign detailed by Bloomberg, Kamala Harris got wind that Donald Trump was gaining support among black Americans and took action.
The report reported that Harris will announce a new initiative to increase economic security for Black men, including loan programs for Black entrepreneurs, regulatory support for cryptocurrencies and employment pathways.
At this point, it was stated that Harris will promise clearer regulatory rules for cryptocurrencies from now on, as black voters are getting closer to Trump.
Harris also reportedly proposed a new program to provide loans to black entrepreneurs and those facing barriers to accessing financing, with Harris promising to provide loans of up to $1 million with a $20,000 repayment grace period.
According to the report, Harris also plans to make health care, real estate and debt payments easier for black voters.
It was stated that the reason behind Harris taking these steps was the increasing tendency of black voters towards Trump.
Harris, who would be the first Black and Asian woman to win, is focused on boosting Black support as Trump continues to chip away at key Democratic votes, according to a recent New York Times-Siena College poll, which found that nearly 15% of Black voters plan to vote for Trump this election, up 6 points from 9% in 2020.
According to Polymarket data, Trump is ahead by 8%, while the probability of Trump being elected is priced at 53.8% and the probability of Harris being elected is priced at 45.6%.
*This is not investment advice.