Biden's Chances of Withdrawing from U.S. Presidential Race Climbing, According to Polymarket Traders

Traders on Polymarket are indicating that the likelihood of Joe Biden withdrawing from the U.S. presidential election is increasing. This is due to his recent Covid diagnosis and a statement he made about potentially withdrawing if he had a medical condition. Bets placed on Polymarket show that the chances of Biden dropping out of the race have reached 68%, which is close to the all-time high of 70%. Despite this, the odds of Biden dropping out before the Democratic convention confirms his nomination in August are also rising, now at 59%.