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Bitcoin’s price surged to $60k following an assassination attempt on former President Donald Trump, with the cryptocurrency gaining following Trump’s increased odds of winning the upcoming presidential election.
Trump, who has positioned himself as pro-crypto, was reportedly shot in the right ear during a political rally in Pennsylvania on Saturday.&nbsp;
His campaign quickly assured supporters that the former president was “fine” and still planning to attend the Republican National Convention in Milwaukee on Monday.
The incident triggered a response in the crypto markets. According to <a href="https://coinmarketcap.com/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap’s data</a>, Bitcoin rose as much as 2.6% to $60,216. Ethereum and Solana also saw gains of 1.7% and 4.49% respectively. Trump’s memecoin, MAGA (TRUMP), saw a massive increase of more than 47% a few hours after the incident.
Moreover, the former president’s chances of <a href="https://www.cryptotimes.io/2024/07/14/donald-trump-memecoin-surges-47-after-assassination-attempt/" rel="noopener noreferrer nofollow">reclaiming</a> the presidency also increased following the events. President Joe Biden has condemned the violence and expressed relief at Trump’s safety.
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 I have been briefed on the shooting at Donald Trump’s rally in Pennsylvania.&nbsp; I’m grateful to hear that he’s safe and doing well. I’m praying for him and his family and for all those who were at the rally, as we await further information. Jill and I are grateful to the Secret…— President Biden (@POTUS) <a href="https://twitter.com/POTUS/status/1812275407044940079?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2024</a>
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 Also Read: <a href="https://www.cryptotimes.io/2024/07/13/spot-bitcoin-etfs-see-highest-inflows-on-july-12/" rel="noopener noreferrer nofollow">Spot Bitcoin ETFs See Highest Inflows On July 12</a>
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Bitcoin Surges to $60K Following Trump’s Assassination Attempt

The Crypto Times

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