“The assassination try on [Republican candidate Donald Trump] on July thirteenth had a twin impression on bitcoin costs. As a pro-crypto candidate, the elevated odds of a Trump victory spurred a constructive market response. Concurrently, the occasion heightened international instability, inflicting bitcoin, typically seen as a risk-off asset, to surge by over 10%, with costs climbing above $63k,” Pedro Lapenta, head of analysis at Hashdex, mentioned in an e-mail.