Coin World Report:
The biggest news in the past 24 hours involves Donald Trump, the Republican candidate for President of the United States, who was shot at during a rally in Pennsylvania.
In the past few hours, this news has become the headline of all news outlets, and even led to significant volatility in the cryptocurrency market over the weekend, which is very unusual.
According to recent reports, 20-year-old Thomas Matthew Crooks has been identified as the “person of interest” in the attempted assassination of former President Donald J. Trump.
The shooting took place less than 12 hours ago at a rally in Butler, Pennsylvania. Trump was taken off the main stage, with blood on his ear and face.
This is the first public shooting of a senior US politician in over 40 years since Ronald Reagan was shot by John Hinckley Jr. in 1981.
According to the BBC, Trump has been taken to a local hospital but has been discharged and returned to his home in New Jersey.
During his first term as president, Trump made candid criticisms of Bitcoin and the entire cryptocurrency industry. However, unlike current President Joe Biden, he has changed his stance during the current election campaign.
Therefore, it is not surprising that the shooting incident has had a huge impact on the cryptocurrency market, with most assets experiencing significant volatility.
Weekends are usually quite calm for BTC, but the events that occurred on Saturday (US time) led to several significant price movements, including a surge from $58,300 to $60,400 within a few hours.
Although there has been a subsequent decline, Bitcoin is still close to the $60,000 mark that it fell to earlier this month.
Bitcoin/Price/Chart 14.07.2024. Source: TradingView