Polymarket records the probability of Biden withdrawing from the nomination at 61%, here's the reason!

JAKARTA - The political situation in the United States is getting hotter after former Speaker of the US House of Representatives, Nancy Pelosi, urged President Joe Biden to immediately decide whether to run in the 2024 presidential election. Pelosi conveyed this urge on the "Morning Joe" program on MSNBC, last Wednesday. “Time is running out,” Pelosi said, underscoring the urgency of Biden's decision.

Quoted from Bitcoin.com News, Pelosi emphasized, "The decision is in the hands of the president whether he will run again." These remarks sparked speculation and concern among politicians and Democratic supporters.

Similar comments also came from former President Donald Trump. In an interview with Fox News host Sean Hannity, Trump expressed confidence that Biden would probably still run despite many doubting his ability to lead the country. “It looks like he might still run,” Trump said. “He has an ego and doesn't want to back down. It's not a positive thing for the country, but I think he might still go forward.”

Pelosi's insistence and Trump's comments came after a chaotic presidential debate, in which Biden appeared inconsistent, raising questions about his ability to lead. Left-leaning media such as CNN, the New York Times and Axios also criticized Biden's appearance.

Against a backdrop of political uncertainty, Pelosi's insistence and fluctuations in prediction markets point to mounting pressure on Biden's decision regarding his candidacy. His still unclear commitment continues to fuel speculation and divide public opinion, creating a tense atmosphere ahead of this crucial electoral decision.

Betting market Polymarket saw Biden's withdrawal probability reach 61% in the afternoon before dropping slightly to 59% in the afternoon. In the political dynamics of the United States ahead of the upcoming general election, Biden's decision will be a determining factor. Hopefully this decision will bring clarity and stability to the country.