Bitcoin prices has skyrocketed over $60,000, after an assassination attempt on former U.S. President Donald Trump. This is up from $53,000, where it was last week. The incident, which took place at a Pennsylvania rally, resulted in an injury to Trump.
Trump’s chances of winning the 2024 presidential election rose to 70% on the Polymarket prediction platform. This platform allows users to bet cryptocurrency on various outcomes. Current President Joe Biden’s odds on Polymarket stand at 16%.
Trump, a 2024 White House candidate, has become favorable in the crypto community. He has pledged to protect the right to hold Bitcoin and will headline the Bitcoin 2024 conference.
In recent months, Trump has accepted bitcoin and crypto, profiting from crypto-based NFT trading cards. He has also started accepting campaign donations in various cryptocurrencies: including Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu. This standpoint is highly different from the Biden administration’s anti-crypto position.
Disclaimer
FAQ
Cryptocurrency is a digital form of currency secured by cryptography, not controlled by governments or banks.
Cryptocurrency wallets are digital tools for storing and managing your crypto assets.
Best practices for crypto investment include research, diversification, investing what you can afford to lose, and avoiding hype-driven investments.
