On July 13, 2024, a shooting occurred during a campaign rally speech held by former US President Trump in Pennsylvania. Trump was shot in the upper part of his right ear. The incident had a certain impact on the cryptocurrency circle.

Trump expressed his support for the cryptocurrency market at the beginning of this round of campaign. He had previously shouted the slogan "Let all cryptocurrencies be made in the United States", which won the support of crypto enthusiasts. He plans to speak at the Bitcoin conference on July 27, which makes the crypto industry, which has been "tortured" by the Biden administration's strict censorship policy, look forward to his coming to power.

After the shooting, the price of Bitcoin rose sharply. As of some time on July 15, the trading price of Bitcoin exceeded $62,500, setting a new high in a week, and the 24-hour increase reached 3.3%. Ethereum, the second largest coin, also rose by more than 3.1% in 24 hours, and the prices of other small tokens rose and fell, but overall, the market value of the entire crypto market rose by 2.42% in 24 hours.

Prediction platform Polymarket shows that Trump's chances of winning the November election soared by about 10 percentage points to 70% after the shooting, while his rival Biden's odds of winning fell further to 18%. Some analysts believe that Trump's sympathy for the victims of this incident and his anger at violence will drive a sharp increase in Trump's approval rating, and his friendly stance on Bitcoin and cryptocurrencies has made the market have more expectations for the development of the encryption industry, thereby driving up Bitcoin prices. #BTC #币圈热门