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Cryptocurrency News Articles

Trump Survives Second Assassination Attempt, Market Reacts

Sep 16, 2024 at 03:09 pm

According to Trump spokesperson Steven Cheung, on September 15, former President Donald Trump survived a second assassination attempt while playing golf

Trump Survives Second Assassination Attempt, Market Reacts

Former President Donald Trump survived a second assassination attempt while playing golf at his West Palm Beach course on Friday, September 15, according to a spokesperson.

Secret Service agents noticed a man armed with an AK-47 rifle hiding near the property and opened fire, causing the suspect to flee.

The incident was also revealed through a tweet by Donald Trump Jr., who stated that shots were fired at Trump Golf Course in West Palm Beach, Florida.

An AK-47 was discovered in the bushes, per local law enforcement.

The Trump campaign has released a statement confirming that the former President is safe. A suspect has reportedly been apprehended.

Suspect Identified, Trump Campaign Statement

The suspect was later identified as 58-year-old Ryan Wesley Routh and was arrested after a witness captured his vehicle’s license plate.

Despite the alarming incident, Trump was unharmed, but it has raised concerns both in political and financial spheres.

Assassination Attempt and Market Impact

Earlier, CNF reported on an increase in whale activity in altcoins while Bitcoin slumped. The market reacted strongly due to Trump’s advocacy for making the U.S. a hub for cryptocurrency, which had initially generated optimism among crypto investors.

Authorities and political leaders, including President Joe Biden, have condemned the violence.

This was not the first attempt on Trump’s life. A previous incident occurred on July 13 at a campaign rally in Pennsylvania, which led to a surge in Trump-themed cryptocurrency and a brief rally in Bitcoin prices.

However, unlike the first assassination attempt, which led to a Bitcoin surge of over 4%, reaching $63,000, as CNF reported, the second attempt saw Bitcoin slump by 2.50% in just a day, despite a 6.91% increase in the previous week.

The price drop resulted in $116.52 million in liquidations, primarily affecting long trades. Currently, Bitcoin has surged by an unspecified percentage in the last 24 hours, reaching a price of $50,100. See BTC price chart below.

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Other articles published on Nov 25, 2024