Bitcoin Rises as Trump’s Chances of Winning the US Presidential Election Increase After Assassination Attempt

Bitcoin Price Surges Above $60,000

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Bitcoin
Dollar
Global Bonds

Bitcoin

In response to Donald Trump’s defiant reaction to the assassination attempt,
Bitcoin prices have surged again,
sparking speculation that the incident will boost his chances of winning the presidential election.
The former president, a known cryptocurrency supporter, was shot in his right ear after his political rally in Pennsylvania came under fire on Saturday. His campaign stated that he is “okay” following the incident.

Dollar

The US dollar fell against the yen amid speculation of government intervention to support the Japanese currency.
The dollar sharply declined against the yen for the second consecutive day, raising questions about whether Tokyo is intervening to support its currency.
Meanwhile, the global stock index rose on Friday as investors awaited a potential US interest rate cut and the beginning of the earnings season in the United States.

Global Bond

Global bond funds have attracted net inflows for the 29th consecutive week.
and Global bond funds continued to receive net financial inflows for the 29th consecutive week over the seven-day period ending on July 10th.
These positive flows come amid expectations of a Federal Reserve rate cut due to declining inflation levels.

Bitcoin Rises as Trump’s Chances of Winning the US Presidential Election Increase

Bitcoin Rises as Trump’s Chances of Winning the US Presidential Election Increase

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