Political prediction markets are experiencing fluctuations as the U.S. presidential election approaches.

Recent trading activity has shown an increase in Donald Trump's chances of victory, particularly on the offshore Polymarket platform.

This trend was further bolstered by a rally held by Trump at Madison Square Garden.

However, the PredictIt market has begun to retract Trump's odds following the rally.

Despite the volatility, Polymarket remains optimistic about Trump's prospects, indicating a divergence in market sentiment.

The situation highlights the complexities and unpredictability inherent in political forecasting as traders navigate the evolving landscape leading up to the election.