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Bitcoin price soars after failed assassination attempt on Donald Trump

Marek
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Bitcoin price soars after failed assassination attempt on Donald Trump

The last few days have brought two significant events that have shaken both the world of politics and the financial market. The failed assassination attempt on former President Donald Trump and the soaring price of Bitcoin on July 13 and 14 are now on everyone's lips.

Assassination attempt on Donald Trump in Pennsylvania

On July 13, there was a failed assassination attempt on Donald Trump in Pennsylvania during his appearance at a political rally. The former president was shot in the ear during an election rally, and the crowd rushed to flee after hearing the shots. Trump was quickly evacuated by the Secret Service. The alleged assassin and one of the rally participants were killed. Trump was not seriously injured, and the investigation into the incident is ongoing. President Joe Biden condemned the violence, and politicians from various groups expressed solidarity with Trump.

"I am grateful to my security for their incredible courage and professionalism. It is thanks to them that I am here today," - Donald Trump said.

Political and social reactions to the coup

The incident has generated widespread media and public attention. Political analysts stress that such incidents can affect political dynamics in the country and fuel social tensions. In response to the event, President Joe Biden expressed his support for the former president and condemned the attack, saying: "There is no place for violence in our society. We must work together to prevent such incidents and ensure the safety of all citizens."

Bitcoin price surges

At the same time, on July 13 and 14, the cryptocurrency market experienced a significant upturn, when the price of Bitcoin surged by more than 15%. Cryptocurrency market experts point to several key factors that may have contributed to this rise. On the one hand, increased interest from institutional investors, and on the other, positive news from the cryptocurrency industry and the development of new blockchain technologies.

"Bitcoin is attracting attention again, and its price reflects growing investor confidence in the future of cryptocurrencies as a key component of the global financial system," said Mark Sterling, an analyst at Bitcoin ATM.com.

Impact of political events on financial markets

Market observers note that events such as the assassination of Donald Trump can affect global financial markets, increasing uncertainty and prompting investors to seek alternative forms of capital investment, such as cryptocurrencies. The rise in Bitcoin's price has coincided with increased interest from Asian markets and concerns about inflation and geopolitical tensions.

BTC transfers via Mt.Gox

Meanwhile, within three hours on July 16, Mt.Gox transferred more than 140,000 BTC worth nearly $9 billion to a known cold wallet and to two unknown addresses. According to Arkham Intelligence, Mt.Gox still has 138,985 BTC worth about $8.7 billion in its main wallet and has begun mobilizing funds for the first time in two weeks.

The two transactions shifted nearly 96,000 BTC worth more than $6 billion to two unknown wallets, while the initial 44,527 BTC was sent to the well-known Mt.Gox cold wallet.

Prospects for Bitcoin and the cryptocurrency market

"This is a watershed moment for Bitcoin and the entire cryptocurrency market. The price rise in recent days shows that despite some volatility, cryptocurrencies have solid fundamentals, but there is a demand-supply battle going on in the market and Bitcoin can only profit in the long run." - Sterling added.

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