TV personality Jim Cramer predicts Harris will win, while some investors are optimistic about Trump's victory due to the reverse effect

ChainCatcher news, according to Cointelegraph, TV personality Jim Cramer pointed out that investors' confidence in U.S. Vice President Harris winning the 2024 presidential election is increasing while reviewing the stock market performance.

However, due to the "Cramer inverse" effect, where Cramer's predictions often turn out to be the opposite of the results, some investors view his prediction for Harris as a signal for Trump's victory. Cramer's prediction was made the day before the U.S. election day, at which point cryptocurrency also became a political focal point.