- Failed assassination attempt against Donald Trump fuels bullish crypto sentiment.
- Crypto leaders like Justin Sun and Elon Musk rally behind Trump.
- As fear runs high the market shows bullish swings ahead.
The crypto community unites under Trump’s banner as many crypto leaders openly endorse the former US President following a failed assassination attempt. Earlier today, Trump was injured and escorted to safety after a failed attempt to assassinate him.
During the ongoing US Presidential election 2024, Trump has risen as a strong candidate, especially amidst the crypto community for his pro-Bitcoin and pro-crypto promises. So far, Trump has made it clear that he will not let a CBCD happen, that he will bring clarity for crypto regulations, and has accepted campaign donations in BTC and other crypto assets.
His bullish and refreshing take on easing crypto adoption in the USA has made him a strong candidate for the 2024 US elections. Thus, amidst his safe recovery after the assassination attempt, the price of Bitcoin (BTC) hit the $60,000 mark.
As the US Presidential candidate and former US President was taken to safety, many crypto leaders publicly made their stand on supporting him clear on social media platforms like TwitterX. Elon Musk and Justin Sun were amongst the first.
In detail, Elon Musk, known for his love for the pioneer memecoin Dogecoin (DOGE) and Bitcoin (BTC) said openly that he fully endorsed President Trump and hoped for his rapid recovery.
Similarly, Justin Sun, the Founder of the TRON network also made a public declaration to support the former US President. To elaborate, Justin Sun said that he fully endorsed President Trump and hopes for his speedy recovery.
In addition, he also points out how Trump is clearly the better choice for the crypto industry and believes that Trump will ensure fair treatment for the industry. This is a clear sign of how crypto’s future could easily be made based on how the 2024 US elections plays out.
As the election approaches, I fully endorse President Trump
— H.E. Justin Sun 孙宇晨 (@justinsuntron) July 14, 2024and hope for his speedy recovery. He is a better choice for the crypto industry and can ensure fairer treatment. I am proud that many who care about America's future use @OfficialDLive to express their concerns. pic.twitter.com/vM8XIISd21
and hope for his speedy recovery. He is a better choice for the crypto industry and can ensure fairer treatment. I am proud that many who care about America's future use While Biden has not been a friend to crypto. However other US Presidential 2024 candidates like Robert F. Kennedy Jr. have been pro-crypto since before Trump entered the campaign. With their popularity over Biden this campaign, crypto will likely experience an explosive few months ahead.
While Biden has not been a friend to crypto. However other US Presidential 2024 candidates like Robert F. Kennedy Jr. have been pro-crypto since before Trump entered the campaign. With their popularity over Biden this campaign, crypto will likely experience an explosive few months ahead.
All in all, despite the assassination attempt, the Crypto Fear and Greed Index has swung from ‘Extreme Fear’ to the ‘Fear’ scale. Seasoned traders recognize this as a prophecy for bullish months ahead as we can see from the post above.
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