Impact of the Trump assassinaton attempt on crypto
Moments after a lone shooter attempted to assassinate former U.S. president Donald Trump at an election rally on Saturday in Pennsylvania, Bitcoin posted solid gains – rising about 1500 dollars within a few minutes.
The word “landslide” appeared instantly on X. “They impeached him, they charged him, they convicted him, and now they shot him”, comments journalist Aidan Kearney. Now Trump’s going to win in an even “bigger landslide.”
Markets consider a second Trump presidency a pro-crypto presidency.
The Republican National Committee (RNC) has unveiled its latest policy platform in preparation for the 2024 Presidential Election, with a significant focus on fostering a pro-cryptocurrency environment – in stark contrast to the Democrats’ strong anti-crypto stance.
Republicans are obviously less afraid of the transparency blockchain brings than Democrats who fear the undermining of their connected Wall Street, Morgan Stanley, etc. privileges.
Trump has been a crypto-sceptic in the past. He’s now fully embraceing crypto’s potentials.
Ripple CEO Brad Garlinghouse recently stated that the White House’s administration “will cause Biden to lose the election”.
The assassination attempt massively strengthens Trump who – covered in blood – raised is fist and shouted: “Fight, fight, fight.”
The Democrats cannot make the martyrdrom of Trump unseen.
The assassination attempt makes some more radical. For others it’s a wathershed moment in U.S. history, and they’re able to rethink and adjust position.
A Trump U.S. President #47 seems now as unstoppable as the advance of crypto and blockchain.
Some five hours after the kill attempt, Bitcoin crossed above 60k$.
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