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Trump's Poll Numbers Surge to 71% Post-Assassination Attempt, Boosting Bitcoin in 'Trump Pump'

Jul 15, 2024, 05:07 PM

Following an assassination attempt on former U.S. President Donald Trump, his election poll numbers have surged, now showing a 70% chance of winning against Joe Biden. This development has had a notable impact on the cryptocurrency market, particularly Bitcoin. Trump's support for the crypto industry is seen as a bullish factor, with Bitcoin prices rising and cryptocurrency miners such as $MARA, $RIOT, and $CLSK benefiting from the improved odds of his presidency. Polymarket bets on Trump's election have hit 71%, further indicating the market's reaction to his increased chances. The phenomenon, dubbed the 'Trump Pump,' has led to speculation about whether the events were orchestrated.