In the past 24 hours, news that US Republican presidential candidate Donald Trump was shot at a rally in Pennsylvania shocked the world and triggered sharp fluctuations in the cryptocurrency market.
Details of the shooting
According to the latest reports, 20-year-old Thomas Matthew Crooks has been identified as the suspect in the assassination of Trump. The incident took place at a rally in Butler, Pennsylvania. After being shot, Trump was quickly taken to the hospital for treatment and has now been discharged and returned to his home in New Jersey. This incident became the first shooting of a senior American politician in public since Ronald Reagan was shot by John Hinckley in 1981.
Impact on the cryptocurrency market
The news quickly dominated the headlines and led to unusually sharp fluctuations in the cryptocurrency market. The price of Bitcoin broke through the $60,000 mark for the first time in weeks, which is extremely rare in the cryptocurrency market on weekends.
In the hours following the event, the price of Bitcoin surged from $58,300 to $60,400, and although it subsequently fell back, it is still close to the $60,000 mark that it broke earlier this month. This price fluctuation shows that market sentiment is extremely sensitive to major news events.
Trump’s Relationship with the Crypto Market
During his first term as president, Trump publicly criticized Bitcoin and the entire crypto industry. However, unlike current President Joe Biden, Trump has changed his stance on cryptocurrencies during the current campaign, making the impact of the shooting on crypto markets more significant.
The market volatility caused by this incident highlights the potential impact of major global political events on the cryptocurrency market. Investors should pay close attention to future developments and remain vigilant to market volatility. Whether Bitcoin can remain stable above $60,000 remains to be seen, but this incident has undoubtedly had a profound impact on the market in the short term.
In summary, Donald Trump's shooting not only caused an uproar in the political field, but also set off huge waves in the cryptocurrency market. This sudden incident once again reminds us that global political dynamics are inseparable from the financial market, and investors need to maintain a high degree of sensitivity and adaptability in this environment.
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