Breaking News: Bitcoin Surges as Trump’s White House Chances Rise Following Assassination Attempt

The Bitcoin price has surged past $60,000 per bitcoin following news of an assassination attempt on former U.S. president and 2024 White House hopeful Donald Trump. Trump, who was injured during a shooting at a Pennsylvania rally, saw his chances of winning the upcoming presidential election spike to 70% on the Polymarket prediction platform, causing a bullish sentiment in the crypto market.

Trump’s support for Bitcoin and cryptocurrencies has endeared him to the crypto community, with promises to protect people’s right to hold Bitcoin and accepting campaign donations in various cryptocurrencies. Trump’s pro-crypto stance has put him at odds with the Biden administration’s anti-crypto policies, making him the preferred candidate for many in the crypto space.

The upcoming Bitcoin 2024 conference in Nashville, Tennessee, has announced Trump as a headline speaker, where he is expected to address the global Bitcoin community. This move has been seen as a significant step towards mainstream adoption of Bitcoin and cryptocurrencies, with the conference organizer hailing it as a defining cultural moment for society.

Trump’s embrace of Bitcoin and crypto assets has been a strategic move to align himself with the growing digital economy and appeal to tech-savvy voters. His recent crypto charm offensive at a Silicon Valley fundraiser further solidified his position as the “crypto president,” as reported by Reuters.

As the Bitcoin price continues to rally, fueled by Trump’s resurgence in the political arena, the crypto market is bracing for a potential showdown between Bitcoin and traditional assets like gold. With Trump’s unwavering support for Bitcoin, the digital asset is poised for further gains and could potentially reach new heights in the near future.