2024 US Presidential Candidate Donald Trump will speak at the Bitcoin 2024 Conference despite the assassination attempt that occurred on July 13, 2024.
Crypto community members believe that the politician’s decision could support the growth of the digital asset market.
What’s happened
July 13, 2024 in Butler, Pennsylvania Trump was assassinatedThe politician came under fire from 20-year-old Thomas Matthew Crooks of Bethel Park.
Trump escaped with a scratch on his ear, while one rally participant was killed and two were injured. The media drew attention to this that the politician was saved by a random movement of his head.
The Bitcoin 2024 crypto conference will be held from July 25 to 27 in Nashville, Tennessee. It was announced on July 11, 2024, that Trump would attend the event, but an assassination attempt interfered with the politician’s schedule. A day after the incident Bitcoin 2024 Team Confirmed participation of a presidential candidate, no matter what.
In light of the events, Bitcoin 2024 representatives promised to pay special attention to the security of the event.
Crypto Market Reaction
Bitcoin, followed by altcoins, have grown amid news of the failed assassination attempt on Trump. The fact is that the politician promises to support the development of the crypto industry if he wins the 2024 presidential race.
Trump’s chances of becoming the US president have increased significantly amid debates with his main rival Joe Biden. The assassination attempt has strengthened confidence in his victory. According to Polymarketsagainst the backdrop of the incident, the politician’s chances of taking the presidential seat reached 70%. Biden’s chances of winning, meanwhile, dropped to 15%.
Many members of the crypto community considerthat the assassination attempt guaranteed Trump’s victory. In the opinion of analyst Michael van de Poppe, the incident made Bitcoin a “political statement.” The boldest statements connected with speculation about the possible legalization of BTC in the US.
Some investors suggestthat the incident has not yet been factored into the price of Bitcoin. The authors of such forecasts imply that BTC has room to grow.
However, some members of the crypto community consider Trump’s support for Bitcoin a populist decision that will not be followed by real action.
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Source: Cryptocurrency
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