Bitcoin Cryptocurrency Market Sentiment Rallies Amid Political Turmoil Involving Donald Trump

Rusty Snippets

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In an intriguing turn of events, the cryptocurrency market has witnessed optimistic responses following recent reports of an assassination attempt on the United States former President and Republican Presidential candidate Donald Trump. As information regarding the attempt surfaced, the market and community saw positive reactions, including digital assets like Bitcoin and Trump-inspired coin TRUMP.

Crypto Market Saw Immediate Reaction After Reports Of The Incident​

According to top market intelligence platform, Santiment, after the assassination attempt of former US president Donald Trump on Saturday, the crypto market experienced a positive response almost instantly.

Related Reading: Trump Takes Center Stage: US Crypto Advocacy Gets A Powerful Voice

During a presidential campaign in Butler, Pennsylvania, on Saturday evening, Trump was hurried offstage after he was shot while giving a speech. The former president was indeed lucky as the bullet grazed his upper right ear, allowing the Secret Service to intervene and shield Trump off the stage. However, the Secret Service has confirmed that Trump is safe and feeling better, as no further injuries were sustained.

Given the magnitude of any attempt on the life of a public or non-public figure and the distinct political view in the crypto community, Santiment noted that a bullish bias appears to have developed around the presumptive 2024 US GOP presidential nominee.

This bullish bias underscored by Santiment is because of Trump’s sudden acceptance of digital assets, which has caused quite a frenzy within the community in recent weeks, as the majority of enthusiasts have responded positively to pro-Trump news. “It goes without saying……..

 
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