Post
Topic
Board Bitcoin Discussion
Re: Bitcoin soars to two-week high after Trump attack
by
ndutndut
on 19/07/2024, 19:28:35 UTC
-snip-

And in general, Bitcoins doing fine. I don't even think the pump has anything to do with the assassination tbf, just a coincidence that the timeline matched.

I feel that this is not just a coincidence, in a way Trump's shooting had an impact on his electability and that has given him the upper hand for now. This affects the psychology of bitcoin investors and makes people increasingly confident that he will be able to become POTUS and make regulations that benefit Bitcoin investors. and that makes people buy more Bitcoin to prepare themselves if Trump is elected and the Bitcoin market experiences a pump.
Agree. This is not just a coincidence, even though Trump's shooting is related to hot politics because Trump is a strong candidate for President of America, this shooting has greatly influenced the voting map in America and this will indirectly affect the psychology of investors. we know that Trump is very supportive of technology. bitcoin than president Biden. It is true that no one can control Bitcoin, but world politics greatly influences the decisions of big investors.

In recent weeks, Bitcoin is back on track, although it plummeted due to Germany selling Bitcoin. Although the shooting is not a major factor in Bitcoin's current rise, it has made Trump win a very large percentage in the upcoming presidential election, so this also has an impact on investors.