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Bitcoin rises 4% after Trump assassination attempt

Bitcoin rises 4% after Trump assassination attempt


Washington – Ma’an – The prices of the most prominent cryptocurrency, Bitcoin, rose by 4 percent in early trading on Sunday, after the announcement of an assassination attempt on the Republican candidate for the upcoming US presidential elections, Donald Trump.

By 04:00 GMT, Bitcoin prices were up 4.01 percent, or $2,390, at $60,621, compared to Saturday’s close.

Cryptocurrency markets operate 7 days a week, unlike global financial markets that operate 5 days a week, while they were on a weekly holiday when the assassination attempt occurred, which justifies the rise in Bitcoin due to the absence of markets for gold, which is considered a safe haven in the event of tensions.

On Sunday morning, former US President Donald Trump was shot while giving a speech at an election rally in Pennsylvania.

Source: Maan News Agency