The attempted assassination of Donald Trump occurred approximately 8 hours ago, and crypto markets had an immediate reaction.
Breaking: Attempted Assassination on Donald Trump Impacts Crypto Markets - Bitcoin (BTC) Rebounds to 10-Day Highs
The attempted assassination of Donald Trump occurred approximately 8 hours ago, and crypto markets had an immediate reaction.
BTC rebounded as high as $60.3K, a 10-day high
TRUMP surged +63% as the news broke
Taking into account the serious matter of any assassination… pic.twitter.com/hUHKIhF5Zh
The attempted assassination of Donald Trump occurred today, sparking an immediate reaction in the cryptocurrency markets. Bitcoin (BTC) rebounded to a high of $60.3K, marking a 10-day high.
Moreover, the TRUMP token surged by 63% as the news broke, according to a tweet by Santiment.
Trump’s Survival Sparks Bullish Trends in Crypto Market
The incident, being a serious matter especially when it comes to a public figure, also carries great importance in the crypto market. A bullish outlook is signaled for the US presidential candidate in 2024, Donald Trump, especially after his positive remarks about cryptocurrencies recently.
His support for crypto emerged as the market cheered the fact that he survived the assassination attempt. As the US presidential elections are set to take place this fall, any developments regarding Trump are likely to be followed closely by the crypto community.
Due to his pro-crypto stance, he enjoys the support of many in the cryptocurrency industry. In this regard, this news that is interpreted as beneficial to him signals the start of an uptrend.
This has shown that the crypto market is heavily influenced by political events. Looking at it, it is apparent that major political news from the United States will continue to impact the cryptocurrency market throughout 2024. As an industry that is highly speculative, the reactions to such news are typically immediate and large in the crypto sector.
Trump Assassination Attempt Shakes Crypto Markets
The assassination attempt on Trump is an example of how external forces can influence the markets. Due to its frequent movements, the crypto market is the most vulnerable to such effects.
The positive market sentiment toward Trump’s survival suggests that investors may perceive his continued political activity as beneficial for cryptocurrencies.
Finally, the incident of the assassination attempt on Donald Trump has a significant impact on the cryptocurrency market. Notably, it drove up the price of Bitcoin and the TRUMP token. As the election approaches, we can expect to see similar market reactions to other major political events. This is because the crypto market is heavily influenced by political processes. Investors, on the other hand, should be aware of how such news affects their decision-making.
The above is the detailed content of Trump Assassination Attempt Shakes Crypto Markets. For more information, please follow other related articles on the PHP Chinese website!
Bitcoin Is Growing on the Back of DXY, Which Has Been Showing 99.86Apr 12, 2025 am 11:42 AMWe all watched Bitcoin decline after the massive tariffs imposed by Donald Trump and rebound when he eased them for everyone but China.
A Step-by-Step Guide for Developers Building Multi-Chain Crypto AppsApr 12, 2025 am 11:40 AMIn today's fast-paced blockchain world, building a crypto application that seamlessly interacts with multiple networks shouldn't take hours or require juggling endless APIs.
Can Cardano (ADA) Really Hit $2 in 2025?Apr 12, 2025 am 11:38 AMThe crypto market is showing positive signs right now. The total market is worth $2.6 trillion, up 0.36%. Bitcoin trades just under $83,000, up 2.27%, while Cardano ADA sits at $0.6268, up 1.79%.
Bitcoin prices fell below a key psychological threshold on Monday, dipping to $79,000Apr 12, 2025 am 11:36 AMBitcoin prices fell below a key psychological threshold on Monday, dipping to $79,000 in the afternoon. Although recovering some of its earlier losses
FARTCOIN Price Prediction: Can This Meme Coin's Price Continue Its 250% Surge?Apr 12, 2025 am 11:34 AMFARTCOIN has been one of the standout performers in the meme coin space, with its price soaring nearly 250% over the last 30 days.
Bitcoin (BTC) Price Risks Drop To $74,000 If This HappensApr 12, 2025 am 11:32 AMCrypto analyst Saeed has outlined a bearish case for the Bitcoin price, predicting that it could still drop to as low as $74,000.
Grayscale Adds New Altcoins to Q2 Watchlist, Eyes Future Investment ProductsApr 12, 2025 am 11:30 AMGrayscale Investments has released its updated “Assets Under Consideration” list for Q2 2025, highlighting a new batch of altcoins that may be featured in future crypto investment products.
Coldware (COLD) Remains Committed to Decentralization as the World of Cryptocurrency Regulation Heats UpApr 12, 2025 am 11:28 AMThe world of cryptocurrency regulation is heating up, with the SEC actively seeking advice from major players like Uniswap (UNI) and Coinbase.
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
AI Hentai Generator
Generate AI Hentai for free.
Hot Article
Hot Tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Notepad++7.3.1
Easy-to-use and free code editor
MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.
EditPlus Chinese cracked version
Small size, syntax highlighting, does not support code prompt function
SublimeText3 Linux new version
SublimeText3 Linux latest version
