Bitcoin Soars Amid Rising Odds of Trump's Presidential Victory and a Pro-Crypto Administration

Benzinga

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Bitcoin surged to a two-week high after the attempted assassination of U.S. presidential candidate Donald Trump increased the odds of his winning the upcoming election. The incident has boosted investor confidence in his chances, leading to increased trades betting on his victory. Bitcoin rose more than 8%, surging past $62,000, while Ether was up more than 6% above $3,300. Trump, who has positioned himself as pro-crypto, is expected to speak at the Bitcoin 2024 conference in Nashville.

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