News View Non-AMP

Second Assassination Attempt on Trump Causes Bitcoin to Drop

Published by
Vijay Gir

Former President Donald Trump faces a second assassination attempt on September 15. The Republican presidential candidate was playing golf at his West Palm Beach course when this incident took place. The suspect has been arrested and Trump is unharmed. However, this attempt has sent shockwaves to the crypto market causing BTC to plummet.

Shots Were Fired

The incident happened around 1 PM EST. Secret Service agents spotted a man armed with an AK-47 style rifle. He was hiding in the bushes near the property. The agents opened fire that forced the suspect to flee in his Black SUV. Authorities found two backpacks and a GoPro camera near the fence along with the rifle. The suspect was later identified as 58 year old Ryan Wesley Routh. He escaped but couldn’t get far. A quick thinking witness took a photo of his vehicle license plate. This helped the police to locate and arrest him on interstate 95.

Bitcoin Takes a Hit

The News of assassination attempt not only shook the political world but the crypto market as well. The price of Bitcoin dropped around 3% from $60,313 to $58,627.

This decline triggered a wave of liquidations worth $116.52 million, with most of it ($106.52 million) coming from long trades. In the last 24 hours, market chaos increased as liquidations hit 49,351 traders.

Trump’s stance on making the U.S. a hub for cryptocurrency caused this sharp decline. Many in the crypto community expect him to create better regulations and a nurturing environment for the space.

Authorities React

The FBI is treating the incident as an “attempted assassination.” Homeland Security Secretary Alejandro Mayorkas praised the quick action of the Secret Service, saying it likely prevented a major tragedy. He emphasized that protecting presidential candidates remains a top priority.

Political Leaders Condemn Violence

President Joe Biden and Vice President Kamala Harris expressed relief that Trump was unharmed. Both strongly condemned the violence, with leaders from across the political spectrum calling for an end to such attacks.

Vijay Gir

Vijay Gir is a Certified Blockchain Expert with over 8 years of experience in the blockchain industry. He has a deep passion for sharing his knowledge of blockchain, cryptocurrency, and web3 technologies. For the past 7 years, Vijay has been dedicated to writing about these transformative topics, helping others stay informed and understand the evolving landscape of decentralized technologies.

Recent Posts

Why XRP Might Be the Next Crypto to Surge?

XRP price is currently trading around $2.45, maintaining a steady pace while Bitcoin consolidates under…

May 23, 2025

Inside Trump’s Gala Dinner: Fancy Watches Worth $100000, Three-course Meal And More

The most awaited and highly debated Trump Gala Dinner finally took place. President Donald Trump…

May 23, 2025

Pat Toomey: Major Crypto Regulation Bill Nearing Senate Vote

Big changes might be coming to the U.S. crypto scene. In a recent interview on…

May 23, 2025

Metaplanet Becomes Japan’s Most Traded Stock

Metaplanet has claimed the number one spot as Japan’s most traded stock. Today, a massive…

May 23, 2025

Binance’s CZ Denies Fixer Role in Trump-Linked Crypto Project

Binance founder CZ has denied claims from a recent Wall Street Journal report accusing him…

May 23, 2025

Is Altcoin Season Here? Traders Rotate to XRP, Solana, ADA as Bitcoin Loses Steam

Altcoins have struggled to keep up in the current market cycle, even as Bitcoin (BTC)…

May 23, 2025