Bitcoin supporter Pierre Poilievre becomes Canada’s next elected Prime Minister after Justin Trudeau resigns on Polymarket – Common Units of Fractional Indivisible Beneficial Interest in Grayscale Bitcoin Mini Trust (BTC) (ARCA: BTC)

relative-Bitcoin Bitcoin canadian politician Pierre Plièvre Become Polymarket punters’ favorite to become the country’s next prime minister after the federal election Justin Trudeau’s Resigned on Monday.

what happened: Canadian Conservative Party leader Poliyev’s approval rating jumps to 88% polygon Bol/USDBased on a decentralized prediction platform. Instead, as of this writing, Trudeau’s chances of returning to power have dropped to less than 1%.

Approximately $467,645 was bet on the game, with $278,387 being staked on Poilievre.

The next Canadian federal election will be held on or before October 20 to elect members of the House of Representatives.

Pliyev has a better chance Karshia federally regulated betting platform, has an approval rating of 95% at the time of writing.

Please note that due to regulatory barriers, Polymarket is not available to residents of the United States.

See: Ethereum co-founder Vitalik Buterin sold nearly 1 million Memecoin to benefit charity – Dogecoin’s sister coin NEIRO plummeted 3% after the sale

Why it’s important: Poilievre has been a supporter of cryptocurrencies such as Bitcoin, calling on Canadians to invest in the industry to avoid inflation.

The Conservative leader also wants to make Canada the “blockchain capital of the world.”

However, Trudeau, who belongs to the Liberal Party, slammed these views and warned that anyone who followed Poilievre’s advice and invested in Bitcoin “will see their life savings destroyed.”

The speculation and bets come after Trudeau resigned. The outgoing prime minister said he would resign after the Liberal Party elects a new leader and said Parliament would be suspended until March 24.

price action: As of this writing, Bitcoin is trading at $101,722.91, up 2.35% in the past 24 hours, according to Benzinga Pro.

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