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Former President Trump's Assassination Attempt Causes Uncertainty in Global Markets and Boosts Cryptocurrencies

Former President Trump's Assassination Attempt Causes Uncertainty in Global Markets and Boosts Cryptocurrencies

CointimeCointime2024/07/15 12:25
By:Cointime

Despite the attempted assassination of former President Donald Trump, U.S. markets remained stable on Monday. However, the incident caused uncertainty in global markets, with European markets down and mixed reactions in Asia Pacific. The price of Bitcoin and other cryptocurrencies rose following the attack, with Bitcoin reaching a two-week high. The cryptocurrency market is currently worth $2.42 trillion and has grown nearly 5% in the last day, with Bitcoin dominating more than half of its total value and Ether coming in second at around 17%. Spot Ethereum exchange traded funds are expected to launch soon, which could inspire a general rally and push up the token's prices.

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