- Second assassination attempt on Donald Trump on September 15
- This time there were no victims and the perpetrator was quickly arrested
- Crypto market reacted immediately, showing a decline of 4.5%, and directly related Bitcoin at 3%
- Ether also reacted with a 6% drop, but there can be more reasons for it
Former president and candidate Donald Trump survived a second assassination attempt.
Trump was unharmed and the incident was granted, with no losses, but the cryptocurrency market reacted immediately showing Bitcoin falling to $58,627.
Details of Trump Assassination Attempt
Donald Trump survived a second assassination attempt on September 15 around 1:00 p.m. EST.
It happened when he was playing golf at his course in West Palm Beach, where Secret Service Agents spotted a man armed with an AK-47-style rifle.
The suspect later identified as 58-year-old Ryan Wesley Routt was forced to flee in his SUV before he could do anything as agents opened fire. They later found two backpacks and a GoPro camera near a fence along with a rifle.
The perpetrator was arrested because a witness managed to take a photo of the car, after which police were able to arrest him on interstate 95.
Reaction of Politics and Crypto Market to Trump Assassination Attempt
This news shook the public a lot and Secretary Alejandro Mayorkas commented on it in his post:
Also, Kamala Harris, a competitor in the election race, reacted to it:
Of course, the crypto market has said its juice through numbers, namely fell 4.5% and capitalization to $2.12 trillion.
Bitcoin’s price dropped 3% from $60,313 but has since fallen to $58,627 with $116.52 million in liquidation. In the last 24 hours, the chaos has intensified and we can see the liquidation of 49,351 traders.
Ether also fell 6% in the last 24 hours from $2,425 to $2,260, but there is still no clear opinion on how much of this is directly related to the attempted assassination of Trump. It is very likely that Ehter took a hit from several factors like Trump’s assassination attempt, looming rate cuts, and the ‘FUD’ wave falling to record lows since April 2021.
Conclusions
It is good that this time there were no casualties and the perpetrator was immediately apprehended. Such interference in the election process and violation of democratic institutions is of course condemned by all parties.
Meanwhile, the crypto market, being an international and decentralized phenomenon, is reacting very vividly to everything that is happening now in the US.
For good or bad, the next couple of months should be the time to pay close attention to everything that happens during the presidential race, because every event matters.
