The assassination attempt on former US President Donald Trump has had a significant impact on cryptocurrency. Early Monday, Bitcoin’s price jumped to around USD 62,800, an increase from below USD 59,000 prior to the assassination attempt on Sunday.
The ripple effects of this price surge were felt across the broader cryptocurrency market. Coinbase (COIN), a leading crypto exchange, saw its stock rally 5.5 percent early Monday, pushing it back above its 50-day moving average.
Bitcoin miners also experienced significant gains such as-
- Marathon Digital (MARA) – Up 4.6 percent.
- CleanSpark (CLSK) – Bolted 6.5 percent.
- Hut 8 (HUT) – Rallied 8.5 percent.
- Core Scientific (CORZ) – Swung 6 percent higher.
- Iris Energy (IREN) – Jumped 5 per centearly Monday.
According to reports, on PredictIt, a popular betting platform, Trump’s odds of retaking the White House surged from about 60 percent to 66 percent following the shooting.
The former US President was addressing an election rally in Pennsylvania on Sunday when a sniper shot at him. While he managed to survive, the bullet grazed his right ear, leaving him with a bloodied face.
(The article is published under a mutual content partnership arrangement between The Free Press Journal and Connected to India)
