The news of a near-miss assassination attempt on presidential candidate Donald Trump at his Florida golf club has caught many by surprise. This incident follows a previous attempt at a Pennsylvania rally just two months ago.
Failed Assassination Plot Against Trump
While Trump’s campaign team assures the public of his safety, the event has had reverberations in prediction markets and the world of cryptocurrency, impacting market trends and election forecasts.
Vice President Kamala Harris confirmed Trump’s well-being and condemned the violence, stating:
“I have been briefed on reports of gunshots fired near former President Trump and his property in Florida, and I am glad he is safe. Violence has no place in America.”
Effects on Polymarket’s Statistics
Polymarket data has illustrated a notable shift after the attempted assassination, revealing Trump with 50% of projected votes, closely trailed by Harris at 49%.
This reversal contrasts with post-debate standings where Harris had surged to 50%, leaving Trump behind at 49%.
Despite this, a recent update from Polymarket continues to show Harris leading at 50% while Trump slips slightly to 49%, underlining the continuing volatility in voter sentiment.
Bitcoin’s Price Reaction
The cryptocurrency market reacted swiftly to the assassination attempt with a noticeable dip in Bitcoin’s value. BTC plummeted by 3%, with the most recent update from CoinMarketCap reflecting a 2.67% decrease, currently trading at $58,592.
This stands in contrast to the previous attempt, where Bitcoin surged past $60,000 and traded above $65,000.
An analysis by CryptoCrypto, sourcing data from IntoTheBlock, revealed that 81.92% of Bitcoin holders were “in the money,” indicating token values higher than their purchase prices. Conversely, 13.47% were “out of the money,” holding BTC worth less than their initial investment.
This trend hints at a potential bullish shift in Bitcoin’s future trajectory.
Furthermore, the Trump-themed meme coin MAGA recorded an 11.71% decrease in its daily figures post the assassination attempt, opposite the 40.81% surge witnessed after the first incident.
Meanwhile, the ETF market, which observed $263.2 million in inflows on 13th September according to Farside Investors, may see some repercussions following the recent attempt on Trump’s life.