Latest crypto news for all crypto lover, The biggest digital asset traded at $61,420 as of 9:55 a.m. in Singapore on Monday, up 2.8% from the previous week’s closing price. Smaller tokens showed mixed results, with Ether, placed second, seeing some moderate rises.
After shooting broke out at a rally in Pennsylvania on Saturday, Trump claimed he was shot in the right ear. The incident rocked the US presidential campaign and led to a worldwide condemnation of political violence.
The presumptive Republican presidential nominee, who said he was “fine” after the incident and was looking forward to attending the Republican National Convention, which starts on Monday in Milwaukee, is expected to gain support from sympathies and ire over the event, according to some observers.
Whether the “Trump trade,” which is predicated on the idea that his return to the White House would bring about tax cuts, higher tariffs, and less regulations, would gain traction, is one of the most important questions affecting global markets right now
In an effort to win over people, Trump has also embraced the cryptocurrency sector more and more. He is slated to speak at a Bitcoin conference that is being hosted in Nashville, Tennessee on July 27. The organizers announced this last week.
Following the attempted assassination, which improved Trump’s chances of winning reelection, Bitcoin “gained momentum.” IG Australia Pty’s Tony Sycamore, a market analyst, submitted a note.
The original cryptocurrency’s proponents contend that it serves as a hedge against political unrest and a store of wealth, however this is debatable given its inherent volatility.
