Biden's Potential Withdrawal from Presidential Race Gains Momentum

Health concerns and political pressure fuel debates on President Biden's future candidacy.
Biden's Potential Withdrawal from Presidential Race Gains Momentum
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Speculation about President Joe Biden potentially withdrawing from the 2024 presidential race has intensified, driven by health concerns and recent political events. Biden's Covid-19 diagnosis and his statement about considering withdrawal if faced with serious health issues have contributed to this growing uncertainty. During a BET News interview, Biden mentioned that significant health problems might prompt him to step down.

The possibility of Biden's withdrawal surged after a criticized debate performance against Donald Trump, where his withdrawal probability on Polymarket jumped from 36% to 70%. Despite a temporary decrease following a public relations campaign, the probability has fluctuated, spiking again after Biden's Covid-19 diagnosis. As of now, the likelihood of Biden withdrawing is approaching 68%, with increasing chances of this happening before the Democratic convention in August.

In parallel, Polymarket's election tracking shows Trump leading significantly with 64%, while Biden trails at 12%, and Kamala Harris stands at 19%. These figures reflect the volatile political landscape and ongoing speculation as the election approaches.

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