Bitcoin rises on the news of the assassination attempt on Trump

The bitcoin exchange rate is rising on Monday – market participants continue to evaluate the news about the assassination attempt on Donald Trump that occurred on Saturday. 

According to CoinDesk, the current quote of the crypto asset is $62,603.50. Last Friday, the BTC/USD pair was trading near the level of $57 thousand. Overall, despite the 6.4% loss over the last month, bitcoin has grown by about 50% since the beginning of the year.

Donald Trump was injured at a campaign rally in Pennsylvania, but later said he felt fine. Analysts believe that the assassination attempt could increase Trump's chances of winning the election.

«Trump is considered a supporter of cryptocurrency, and there is an opinion that his position in the election race has strengthened. Traders are looking for assets that will benefit if Trump returns to power,» said Dan Coatsworth, an investment analyst at AJ Bell brokerage.