Trump's chance of being elected has risen to 70%. How will the shooting affect the trend of Bitcoin? 3 points of influence!
After the assassination of Trump, according to the latest data from Polymarket, the market predicts that Trump's chance of winning the US election has risen to 70%, significantly ahead of another candidate Biden.
What impact will it have on Bitcoin?
① First of all, the assassination incident will indeed increase Trump's chances of being elected, but even if the incident did not happen, his voice is the highest. If he really takes office smoothly, it is expected to further promote the Fed's interest rate cuts and monetary easing policies, which will benefit risky assets such as Bitcoin and gold.
② After the incident, Bitcoin broke through the $60,000 mark and the increase continued to expand. Such events often trigger risk aversion, causing investors to waver between seeking assets and high-risk assets. Bitcoin, as "digital gold", will be favored by the market.
③ Trump himself has always maintained a preference for encrypted assets. Last Thursday, he confirmed that he would attend this month's Bitcoin industry conference and give a speech. For the currency circle, Trump's participation is not only a major victory, but also a symbol of his growing support and recognition of this field.
