The price of Bitcoin surged past $63,000 after an assassination attempt on former U.S. President Donald Trump during a campaign rally.

Bitcoin jumped nearly 10% from below $58,000 on Friday to over $63,000 on Monday morning. The sharp move higher came after a gunman opened fire at a Trump rally in Pennsylvania on Saturday.

While Trump survived with minor injuries, analysts linked the rising price of Bitcoin to improved odds of a Trump election victory in November. Trump has embraced Bitcoin and crypto and pledged to roll back regulation, making him the preferred candidate for many Bitcoin advocates.

Moreover, Doland Trump Team has also confirmed that he will still attend the Bitcoin 2024…

Read more on BitcoinMagazine