New York: Bitcoin rose above $60,000 and other cryptocurrencies gained in market value after Donald Trump’s defiant response to an assassination attempt by shooting during his campaign rally increased speculation that his chances of winning the election has increased, Bloomberg reported.
The Republican presidential candidate and former U.S. President had become known for being pro-crypto, telling “I will make sure that the future of bitcoin will be made in the U.S. and not driven overseas,” during an event in Washington, D.C. last month, according to a Forbes report.
This is in stark contrast to the Biden administration’s anti-crypto stance. Trump went so far as to accept campaign donations in bitcoin, ethereum, solana, dogecoin and shiba inu, supporting the right to custody of crypto, according to the Forbes report.
Bitcoin hits $60,000 and other cryptocurrencies gain as Trump shooting boosts his re-election odds
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