Bitcoin Climbs to More Than One-Week High After Attack on Trump

Bloomberg07-15

Failed assassination attempt may boost Trump’s reelection oddsFormer president has increasingly embraced the crypto industryBitcoin touched $61,000 after Donald Trump’s defiant response to an ...

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The industry has emerged as an influential player in the 2024 election in part to push back against a regulatory clampdown spearheaded by the Securities and Exchange Commission.Trump’s campaign accepts donations in digital assets and a person familiar with the matter earlier said Trump discussed crypto policy with billionaire Elon Mus","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTBT":"Bit Digital, Inc.","COIN":"Coinbase Global, Inc.","MARA":"Marathon Digital Holdings Inc"},"translate_title":"特朗普遇袭后比特币股价攀升至一周多高点","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTBT":1.1,"COIN":1.1,"MARA":1.1},"content_text":"Failed assassination attempt may boost Trump’s reelection oddsFormer president has increasingly embraced the crypto industryBitcoin touched $61,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed.The largest digital asset rose as much as 2.2% on Monday and changed hands at $60,850 as of 7:03 a.m. in Singapore, the highest level in more than a week. Smaller tokens were mixed, with second-ranked Ether posting modest gains.Trump said he was shot in the right ear after gunfire erupted at a rally in Pennsylvania on Saturday, an episode that sparked global condemnation of political violence and shook the US presidential campaign.Some analysts anticipate sympathy and anger over the incident will likely galvanize support for the presumptive Republican presidential nominee, who said he was “fine” after the incident and looking forward to going to the Republican National Convention that begins on Monday in Milwaukee.One key question in global markets now is whether the so-called Trump trade will gain momentum, based on the argument that his return to the White House would usher in tax cuts, higher tariffs and looser regulations.Trump has also increasingly embraced the crypto industry in a bid to court voters. 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The industry has emerged as an influential player in the 2024 election in part to push back against a regulatory clampdown spearheaded by the Securities and Exchange Commission.Trump’s campaign accepts donations in digital assets and a person familiar with the matter earlier said Trump discussed crypto policy with billionaire Elon Musk.Bitcoin hit a record high of almost $74,000 in March, fueled by demand for dedicated US exchange-traded funds. The token then slipped back amid moderating inflows, apparent sales of seized tokens and fears of disposals by creditors of the failed Mt. 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