Bitcoin Soars as Failed Assassination Attempt Boosts Trump's Re-Election Prospects

Money | July 14, 2024, 11:23 p.m.

Subscribe now to Alpha Reports to access exclusive insights on airdrops, NFTs, and more to up your game in the crypto world. In a dramatic turn of events, the price of Bitcoin surged following a failed assassination attempt on former President Donald Trump. The asset climbed to over $62,450, its highest level in two weeks, as meme coins inspired by Trump also saw gains. The incident has sparked political volatility, leading to increased Bitcoin buying as investors anticipate potential regulatory changes under a Trump presidency. Support for Trump in the crypto community has grown following the shooting, with bets on his reelection rising to 70%. Trump's pro-crypto stance contrasts sharply with current President Joe Biden, making his victory potentially beneficial for the industry. Stay informed with Alpha Reports to navigate the evolving crypto landscape. Go to Alpha Reports now.