Bitcoin rose in price immediately following news of former#USpresident #DonaldTrump's login to the rally in Pennsylvania.
According to CoinGecko system, Bitcoin rose to a high of 59,796 days in a short period of time to move from $58,337. With this development, Bitcoin reached its peak last week, but as of the time the news was written, it had dropped to 59,524.
The rise of Trump-inspired memecoins instead of Bitcoin has attracted attention.#TREMPrecorded the largest increase with a 71% increase in the past 24 months. While TRUMP is up 39%,#MAGAshows a performance of 33%. rose.
Donald Trump's chances of winning the election increased after the assassination
While Trump was speaking at a campaign rally, loud noises that sounded like gunshots or explosions were heard, and the former president injured his ear. He ducked to the ground and was immediately surrounded by Secret Service agents, who then revealed their bloody faces.
The Secret Service said Trump was safe. CNN reported that law enforcement officials described the incident as an assassination and the Secret Service reported that the shooter was killed by the agency.
Trump has publicly advocated for cryptocurrency in recent months, helping to distinguish him from his upcoming election rival, current president Joe Biden. Having survived an apparent assassination attempt, some crypto investors and bettors believe this will benefit the campaign in the coming months.
Users on leading cryptocurrency prediction platform Polymarket have increased Trump's odds of winning the election, with the chances increasing from 60% before the attack to 71% immediately after the attack. Users gave Biden a 15% chance, currently at 67%. Polymarket said Trump's interest rate hit an all-time high on Saturday.