Bitcoin Price fell 3% after former President Donald Trump faced a second assassination attempt on September 15 while golfing at his West Palm Beach course. The incident happened around 1 PM EST when Secret Service agents spotted a man with an AK-47-style rifle hiding in the bushes.
The suspect, 58-year-old Ryan Wesley Routh, fled the scene in a black SUV after agents opened fire. Thanks to a quick-thinking witness who captured his license plate, authorities arrested him on Interstate 95. No one was harmed, but the event sent shockwaves across the political and financial worlds.
According to Coinglass data, Bitcoin’s price dropped from $60,313 to $58,397, causing liquidations worth $140.15 million, mainly from long trades. Over 49,000 traders were affected by the market chaos in the last 24 hours.
Trump’s strong stance on making the U.S. a crypto-friendly hub likely contributed to Bitcoin’s sharp reaction, as many expect him to create favorable regulations for the space if he returns to office.
Authorities are treating the incident as an attempted assassination, with political leaders condemning the violence. President Joe Biden and Vice President Kamala Harris expressed relief that Trump was unharmed and stressed the importance of protecting presidential candidates.
The swift response of the Secret Service likely averted a tragedy, but this incident highlights growing concerns about political violence. Bitcoin’s sharp drop shows how closely financial markets react to such high-stakes events.
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