Bitcoin

DONALD TRUMP

MAGA

<ul>
 <li>Bitcoin surged from $58,337 to $59,796 within an hour of the incident involving former President Trump.</li>
 <li>Meme coins TREMP, TRUMP, and MAGA saw gains of 71%, 39%, and 33%, respectively, following the incident.</li>
 <li>The Secret Service confirmed Trump’s safety after an apparent assassination attempt at his Pennsylvania rally.</li>
</ul>
<p><a href="https://bitcoin.org/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> experienced a surge in value, linked to an alleged assassination attempt on the former U.S. President Donald Trump. The event took place at a campaign rally in Pennsylvania. Following the news, Bitcoin’s value jumped from $58,337 to a peak of $59,796 within an hour.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">JUST IN: PRICE OF BITCOIN SPIKES ON REPORTS OF ALLEGED DONALD TRUMP ASSASSINATION ATTEMPT – EXPECTED TO BOOST CHANCES OF SECOND TRUMP PRESIDENCY</p>— BSCN Headlines (@BSCNheadlines) <a href="https://twitter.com/BSCNheadlines/status/1812260147424579789?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 13, 2024</a>
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<p>The surge in Bitcoin’s value was notably accompanied by even more price increase in meme coins associated with Trump. Coins like TREMP, TRUMP, and MAGA saw their values <a href="https://coinmarketcap.com/currencies/trump-coin/" target="_blank" rel="noopener noreferrer nofollow">rise</a> by 71%, 39%, and 33% respectively. These coins, known for their volatility, were heavily influenced by the incident and the ensuing social media reactions.</p>
<p>The incident at the rally involved loud noises of gunshots. Trump was seen reacting by reaching for his ear and ducking to the ground, while Secret Service agents quickly surrounded him.The Secret Service confirmed that Trump was safe, and law enforcement officials are actively investigating the assassination attempt.</p>
<p>Trump’s recent vocal support for cryptocurrencies influenced the surge in Bitcoin’s value. Unlike his election opponent, Trump has been an <a href="https://cryptonewsland.com/trump-leads-as-one-of-keynote/" target="_blank" rel="noopener noreferrer nofollow">outspoken advocate</a> for cryptocurrencies.&nbsp;</p>
<p>Crypto investors and analysts speculate that surviving this assassination attempt could boost Trump’s campaign. A Trump victory in the upcoming election is expected to result in more <a href="https://cryptonewsland.com/huge-bitcoin-price-rise-predicted/" target="_blank" rel="noopener noreferrer nofollow">favorable regulatory conditions</a> for cryptocurrencies compared to a second Biden term.</p>
<p>The incident at Trump’s campaign rally has had a notable impact on the cryptocurrency market. This event highlights the strong influence of real-world events on the highly volatile cryptocurrency market. As the 2024 election draws nearer, political developments, especially those involving pro-crypto candidates like Trump, will likely continue to drive significant market reactions.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
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 <li><a href="https://cryptonewsland.com/boden-vs-tremp-the-ultimate-showdown-of-meme-coins/" rel="noopener noreferrer nofollow">$BODEN vs $TREMP: The Ultimate Showdown of Meme Coins</a></li>
 <li><a href="https://cryptonewsland.com/trader-nets-2-7m-windfall-from-maga-meme-coin-how-did-they-do-it/" rel="noopener noreferrer nofollow">Trader Nets $2.7M Windfall from MAGA Meme Coin – How Did They Do It?</a></li>
 <li><a href="https://cryptonewsland.com/new-trump-meme-coin-maga-skyrockets-20000-amid-ongoing-controversy/" rel="noopener noreferrer nofollow">New Trump Meme Coin (MAGA) Skyrockets 20,000% Amid Ongoing Controversy</a></li>
 <li><a href="https://cryptonewsland.com/top-3-trump-inspired-meme-coins-forecasted-for-a-100x-growth-in-june-2024-discover-strump-babytrump-and-trump/" rel="noopener noreferrer nofollow">Top 3 Trump-Inspired Meme Coins Forecasted for a 100x Growth in June 2024-&nbsp; Discover STRUMP, BABYTRUMP, and TRUMP</a></li>
 <li><a href="https://cryptonewsland.com/solana-memecoin-djt-token-drops-31-amid-speculation-over-trumps-involvement/" rel="noopener noreferrer nofollow">Solana Memecoin DJT Token Drops 31% Amid Speculation Over Trump’s Involvement</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/bitcoin-surges-as-trump-incident-sparks-market-reactions/" rel="noopener noreferrer nofollow">Bitcoin Surges as Trump Incident Sparks Market Reactions</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin Surges as Trump Incident Sparks Market Reactions

Crypto News Land

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