Second Assassination Attempt On Donald Trump: Bitcoin Drops By 2.74%!
The second assassination attempt on former U.S. President Donald Trump had notable repercussions on the cryptocurrency market. Indeed, Bitcoin fell by 2.74% following this dramatic event. This sudden drop surprised many investors and market observers.
Bitcoin falls by 2.74% after the second assassination attempt on Donald Trump!
On Sunday, September 15, 2024, a second assassination attempt was perpetrated against Donald Trump while he was playing golf at his club in Palm Beach, Florida. Although Trump escaped this attack unhurt, the incident caused panic in financial markets, particularly the cryptocurrency market. Unlike the first assassination attempt which led to a rise in BTC, this second attack caused a significant drop in Bitcoin.
Before the incident, BTC was trading around $60,000. However, after the news of the attack, its value quickly fell to about $58,340. This 2.74% drop reflects the uncertainty and volatility that often characterize the crypto market in response to major geopolitical events. At the time of writing this article, Bitcoin is hovering around $58,797, with a decline of 0.53%.
A crypto market grappling with uncertainties
Analysts attribute this drop to several factors. Firstly, the political uncertainty surrounding Trump’s security, a polarizing figure, created an atmosphere of nervousness among investors. Additionally, the reaction of traditional financial markets, which also showed signs of volatility, amplified the impact on Bitcoin.
It is important to note that cryptocurrencies, although often perceived as decentralized assets independent of political events, can be strongly influenced by major incidents. The market’s reaction to this assassination attempt is a clear example.
Donald Trump, who will launch his crypto platform, World Liberty Financial, this Monday, September 16, 2024, has just undergone a second assassination attempt. This event, which led to the fall of Bitcoin, reminds us how political stability plays a significant role in the crypto market.
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Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.