Bitcoin climbs to more than one-week high after attack on Donald Trump

Quick Summary:

Bitcoin's value surged past $62,000 following former President Donald Trump's resilient response to an assassination attempt, sparking speculation about his increasing chances of reelection, particularly due to his pro-cryptocurrency stance.

The value of Bitcoin rose by 4.5% early Monday, reaching $62,609 around 5:15 a.m.in London, marking its highest point in over a week.

This upward trend was mirrored by other cryptocurrencies, including Ether, which saw a 4% increase.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaAustralia

Topics: Assassination attempt Donald Trump Cryptocurrency Elon Musk Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 13:03:21 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 690 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21626054

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Official Website: timesofindia.indiatimes.com

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