BITCOIN is GAINING after the SHOOTING at a Donald Trump rally, leading to speculation that the incident will INCREASE his chances of winning the PRESIDENTIAL ELECTION.

The former president, PRO-CRYPTO, was SHOT in the right ear after gunfire erupted at his rally in PENNSYLVANIA on Saturday. His campaign stated he was “FINE” after the incident and is looking forward to the REPUBLICAN NATIONAL CONVENTION starting Monday in Milwaukee.

TRUMP’s chances of re-election increased after today’s developments, according to PredictIt data. Images of a DEFIANT Trump — with his fist raised, his bloody right ear, and the AMERICAN FLAG waving in the background — are blazing across social media and television.

TRUMP’s campaign confirmed he will attend the convention. President JOE BIDEN expressed relief that Trump is safe and CONDEMNED the violence.

MARKETS are likely to respond with HIGHER VOLATILITY, similar to reactions after last month’s debate favorable to Trump. In that case, the US DOLLAR GAINED and TREASURY YIELDS CLIMBED. Bitcoin rose as much as 2.1 percent to $59,849.84, before stabilizing to about $59,426 by 10:25 p.m., New York time. Optimism that ETFs from titans like BLACKROCK INC. and FIDELITY INVESTMENTS offer bedrock demand has helped stabilize the most-traded crypto token.

Summary: Currently, Bitcoin’s technical indicators suggest a BULLISH trend, supported by recent political developments and market optimism surrounding ETF approvals.

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