Despite heightened tensions, Trump confirmed he would attend the Bitcoin Conference in Nashville, which would impact the crypto community significantly.
Trump maintained his resolve, announcing his intention to participate in the forthcoming Bitcoin Conference in Nashville, Tennessee, despite the elevated tensions. The crypto community has been significantly affected by this.
David Bailey, the CEO of Bitcoin Magazine and one of the event’s organizers, confirmed Trump’s status on X. He stated,
“I have just spoken with the President’s team. He is in good spirits and is excited to see you all in Nashville and deliver a speech that is heard around the world.”
The organizers subsequently verified this information and stated,
The assassination attempt had an unexpectedly favorable impact on the cryptocurrency market despite the shockwaves it sent across the globe.
Bitcoin [BTC] reached a two-week high on July 15th, just one day following the attempted assassination of former President Donald Trump, according to Reuters.
BTC was trading at $63,650 as of the most recent update, representing a 1.20% increase. The Relative Strength Index (RSI) confirmed this increase, with a reading of 57.8, indicating a robust bullish sentiment.
A more thorough examination revealed that Bitcoin underwent a bullish reversal on July 14, the day of the assassination attempt.
