The former president, who has positioned himself as pro-crypto, said he was shot in the right ear after gunfire erupted at his political rally in Pennsylvania on Saturday. His campaign said he was “fine” after the incident and was looking forward to going to the Republican National Convention, which begins Monday in Milwaukee.
According to PredictIt data, after today’s development, Trump’s chances of becoming president again have increased. Images of Trump – with his fist on his head and his bloodied right ear, and an American flag waving – flooded social media and television after the attack.
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President Joe Biden said he was glad Trump was safe and condemned the violence.
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Markets are likely to respond with higher volatility, and may repeat the deals employed when last month’s debate went in Trump’s favor. In that case, the US dollar rose and Treasury yields rose.
Bitcoin rose 2.7% to $60,160.71 by 1:05 a.m. in New York. The most traded crypto token stabilized in recent days on optimism that BlackRock Inc. And ETFs from titans including Fidelity Investments offer the kind of bedrock demand that can dampen price swings.
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