Post
Topic
Board Speculation
Re: Bitcoin surge in the last 24hrs
by
Gozie51
on 17/07/2024, 15:12:19 UTC
Bitcoin has suddenly springed in the last couple of hours breaking the 65,000$ Mark. This was observed to happen immediately after the attack on Donald trump, the Presidential candidate of the United States of America.
Without drawing much attention, could it be because he is fully in support of cryptocurrency?. I would like to hear others opinions.

I don't think the trump assassination saga would be a reason for the increase in price and if that should be considered then it is suppose to pull price further down. Apart from the German sell off, I think the market is reacting to the trend which has been established even before halving and so those downsides were not really strong waves down. The market correction should not be seen as fud on trump attack. Trump is positive about cryptocurrency especially bitcoin but he has I don't know if that was part of the agendas that he was speaking on at the rally where the assailant tried to attack him.