Bitcoin increases after Trump attack over 62,000: crypto investors react

Bitcoin increases after Trump attack over 62,000: crypto investors react

Bitcoin reaches new all -time high of $ 63,000 after attack on Trump

On Monday morning, Bitcoin recorded a strong increase and achieved a value of almost $ 63,000. This increase is fueled by speculation that is due to an assassination attempt on Trump and the possible impact on his political future. A return of the former president to the White House would probably lead to a further loosening of the regulations for cryptocurrencies, which would be positive the crypto community.

A possible election victory by Trump is considered economic -friendly by market observers because it could improve the prospects for tax cuts, higher tariffs and relaxation of regulations for digital assets. This so-called "Trump trade" is becoming increasingly important and influences the global financial markets.

Bitcoin as a secure value reservation

The support of Donald Trump for cryptocurrencies has led to Bitcoin being viewed as a safe value preservation and protection against political unrest. However, this argument is controversial because Bitcoin's volatility is still an issue that employs investors and market observers.

experts believe that Bitcoin could also serve as protection against a digital central bank currency (CBDC). In a meeting with Bitcoin miners, Trump recently emphasized the importance of Bitcoin mining as the last defense line against a CBDC and urged that all remaining bitcoins are to be produced in the USA.

Influence of the crypto industry on politics

The crypto industry has started to support political candidates who are considered advantageous for digital assets. Through donations to political action committees and direct support, the industry tries to ward off regulatory measures and to represent their interests in the 2024 elections.

Donald Trump's election campaign also included cryptocurrencies by accepting donations in the form of digital assets. Talks with well-known personalities such as Elon Musk about crypto policy illustrate the relevance of the topic for the political landscape.

The current increase in price of Bitcoin shows the resilience of cryptocurrency compared to market fluctuations and geopolitical events. Investors and analysts are eagerly pursuing the developments related to Bitcoin and his role in the global financial system.

- Nag