Bitcoin Surges Amid Trump Attack, Drives Altcoin Rally-web3.0-php.cn

Bitcoin Surges Amid Trump Attack, Drives Altcoin Rally

WBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWB

Jul 20, 2024 pm 03:19 PM

Donald Trump, former US president and presidential candidate, was shot in an attempted assassination during a campaign rally in Pennsylvania

Bitcoin Surges Amid Trump Attack, Drives Altcoin Rally

Bitcoin price has surged by over 15% since the attempted assassination of former US president Donald Trump on July 13. This news comes as a surprise to many, especially considering that Bitcoin has been largely affected by the macroeconomic downturn and regulatory pressures in recent months. However, Trump’s attack seems to have had a positive impact on the crypto industry.

Bitcoin Surges Amid Trump Attack, Drives Altcoin Rally

According to recent reports, Donald Trump was shot in an attempted assassination during a campaign rally in Pennsylvania on July 13. This news led to a 9% surge in Bitcoin price, which has now registered over 15% gains since then. Recent on-chain metrics also showed that trades betting on his victory rose significantly this week, and the altcoin market is registering a short-term price rally.

Donald Trump’s attack has had a positive effect on the crypto market because of his strong advocacy for Bitcoin, which he has been accepting as campaign donations. This strategy has garnered millions of supporters and potential voters for Trump and experts say the attack raised his chances of winning back the presidency.

This could mean a higher global adoption of Bitcoin and other cryptocurrencies as Trump had vowed to “end Joe Biden’s war on Crypto” once made president. Let’s take a look at how Bitcoin’s price movements have impacted XRP and other altcoins.

Ripple To Resume Bullish Trajectory After Price Correction

While Bitcoin price movements have been impacting the broader altcoin market in recent weeks, some tokens like XRP have shown resilience and are now poised for another bullish wave. XRP price recently surged by over 60% from its yearly lows, outpacing 91% of the top 100 cryptocurrencies YTD.

After XRP plummeted to lows of $0.38 on July 5, XRP price began showing signs of recovery as Bitcoin price stabilized above $30,000. This catalyzed a bullish wave in the altcoin market, pushing XRP past key resistance levels.

Now trading at $0.61, XRP is 62% up from its yearly low. Other catalysts to the XRP surge have been recent news making rounds that Ripple may be nearing a settlement with the US SEC and Uphold’s US President, Nancy Beaton’s advocacy for XRP at the just concluded XRP Ledger Apex 2024 event.

Despite these recent gains, the price of XRP is still 84% below its all-time high and has been outpaced by 91% of the top 100 cryptocurrencies over the past year. Although its market sentiment is still bullish, crypto analysts forecast that XRP may witness a short correctional decline before resuming its bullish trajectory.

Play With Big Guns On Rollblock’s Presale

The GambleFi ecosystem has benefited more from Donald Trump’s recent attack, given that it is an ecosystem that is widely accepted by the global political class. One project that has tactically positioned itself to attract these notable investors is Rollblock, which is offering them over 200x gains in its ongoing public presale.

However, Rollblock has democratized access to these gains by firstly democratizing access to its crypto casino. Traders and investors from diverse backgrounds can play over 150 games on the casino with top politicians and other big investors by simply holding RBLK tokens– which also serve as a reward system on the online casino.

Moreover, RBLK tokens can be gotten at a floor price of $0.017 at Rollblock’s ongoing presale stage 4. Many market analysts speculate that the tokens can witness a 200x growth to trade up to $0.3 at their official market launch. This seems likely plausible given Rollblock’s excellent tokenomics, buyback, and burn strategies. It’ll be a shame to miss out on these gains!

In conclusion, while other altcoins including XRP plummeted to their yearly lows following Bitcoin’s sharp price crash earlier this year, RBLK had maintained stability. It has attracted thousands in capital inflows into its presale. RBLK’s status as a top GambleFi token has also helped it gain massive traction with the potential of a 200x surge soon!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

The above is the detailed content of Bitcoin Surges Amid Trump Attack, Drives Altcoin Rally. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Top 10 virtual digital currency app platforms in the world, the top ten virtual currency trading platforms in 2025Mar 05, 2025 pm 08:00 PM

With the booming development of the virtual currency industry, virtual digital currency trading platforms around the world are becoming increasingly stronger. This article focuses on the top ten virtual digital currency app platforms in the world in 2025, including Binance, OKX, Gate.io, Kraken, Gemini, FTX, Bybit, KuCoin, Huobi and Coinbase. These platforms are known for their advanced features, a wide range of transaction pairs, low fees and stable performance, providing users with a wide range of virtual currency trading options.

Pi Node Teaching: What is a Pi Node? How to install and set up Pi Node?Mar 05, 2025 pm 05:57 PM

Detailed explanation and installation guide for PiNetwork nodes This article will introduce the PiNetwork ecosystem in detail - Pi nodes, a key role in the PiNetwork ecosystem, and provide complete steps for installation and configuration. After the launch of the PiNetwork blockchain test network, Pi nodes have become an important part of many pioneers actively participating in the testing, preparing for the upcoming main network release. If you don’t know PiNetwork yet, please refer to what is Picoin? What is the price for listing? Pi usage, mining and security analysis. What is PiNetwork? The PiNetwork project started in 2019 and owns its exclusive cryptocurrency Pi Coin. The project aims to create a one that everyone can participate

Various ETF issuers compete to apply for Solana ETF! But why is BlackRock still absent?Mar 03, 2025 pm 06:33 PM

Many ETF issuers are scrambling to apply for SolanaETF, but BlackRock is still holding back? This article will interpret this phenomenon. SolanaETF application boom The Securities and Exchange Commission (SEC) has accepted SolanaETF applications submitted by several institutions, including Bitwise, 21Shares, VanEck, CanaryCapital and Grayscale. Bloomberg predicts that the probability of Solana spot ETF being approved by the end of the year is as high as 70%, which is closely related to the Trump administration's friendly attitude towards cryptocurrencies. The establishment of Franklin's "Franklin SolanaTrust" also implies its potential application for SolanaETF. However, Sol

Bitcoin [BTC] was on a downtrend after losing the $92,000-support level in the final week of FebruaryMar 16, 2025 am 10:10 AM

Technical indicators such as the OBV showed that selling pressure has been dominant, meaning more losses may be likely ahead.

Understand the current situation and future of MEV on a single articleMar 04, 2025 pm 05:06 PM

Sui Blockchain's MEV (Maximum Extractable Value) strategy and future outlook MEV have become the core issues in the blockchain field, which are related to transaction sorting and arbitrage opportunities. Sui is committed to guiding the development of MEV through Sui Improvement Proposal (SIP) and other mechanisms, ensuring transparency, transaction security, network health, and participant rewards. In addition to existing mechanisms, more mechanisms are planned to be introduced to ensure that its core principles can effectively guide the evolution of MEVs on Sui. Design principles and considerations Sui's every transaction contains potential profit opportunities. Sui's MEV ecosystem consists of the following mechanisms: MEV transaction submission mechanism MEV opportunity release mechanism MEV

Qubetics ($TICS): The Revolutionizing AI CryptoMar 23, 2025 am 10:08 AM

Cryptocurrency has always been a realm where the cutting edge of technology meets bold ambition, and it's only getting more exciting in the future. As artificial intelligence continues to grow in influence, there are a handful of digital assets that

PI price forecast: How high can PI coins rise?Mar 03, 2025 pm 07:27 PM

Since the launch of PiNetwork (PI)'s independent network, it has continued to attract the attention of the cryptocurrency community. In contrast to the recent sluggish performance of mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), the price of PI has risen against the trend. PI cryptocurrency: Binance listing may become a catalyst for price surge PINetwork (PI) price upward momentum Strong PI is currently priced at $1.6750, far higher than the previous low of $0.6020. Trading activity and investor interest continue to grow, and PI's future price trend has become the focus of market attention. PI market performance: Strong rebound and key resistance levels PI mainnet started at the beginning

Top 10 Free Virtual Currency Exchanges Rankings The latest top ten virtual currency APP trading platformsMar 11, 2025 am 10:18 AM

The top ten free virtual currency exchanges are ranked: 1. OKX; 2. Binance; 3. Gate.io; 4. Huobi Global; 5. Kraken; 6. Coinbase; 7. KuCoin; 8. Crypto.com; 9. MEXC Global; 10. Bitfinex. These platforms each have their own advantages.