Why did Bitcoin rise amidst the hot market speculation of 'Trump Trade'?

The probability of Trump's victory is increasing, which favors risk assets such as bitcoin. Especially when the latest Republican campaign agenda mentioned that if Trump comes to power, the crackdown on cryptos will end, greatly boosting the confidence of the cryptos market.

wallstreetcn08:25 ET

Bitcoin and related stock Price Jumps After Shooting of Pro-Crypto Trump. Here's Why

By George Glover Bitcoin's price was surging in early-morning trading on Monday as markets reacted to the assassination attempt on former U.S. President Donald Trump. The token, which is the largest

Barron'sJul 15 05:06 ET

Supporting cryptos! Trump will attend the Bitcoin conference in 2024.

According to the organizers, former President Trump will give a speech at the upcoming bitcoin conference later this month, emphasizing his growing support for the crypto industry.

Zhitong FinanceJul 11 01:13 ET