Bitcoin hits $60,000 amid failed assassination of Donald Trump

Bitcoin rose above $60,000 and other cryptocurrencies gained in market value after Donald Trump's defiant response to an assassination attempt by shooting during his campaign rally increased speculation that his chances of winning the election has increased, Bloomberg reported.

This is in stark contrast to the Biden administration's anti-crypto stance.

Trump went so far as to accept campaign donations in bitcoin, ethereum, solana, dogecoin and shiba inu, supporting the right to custody of crypto, according to the Forbes report.

The former president was campaigning at the Butler Farm Show in Butler, Pennsylvania, when an assailant opened fire.

The Federal Bureau of Investigation (FBI) has identified Thomas Matthew Crooks, 20, as the shooter. He was shot and killed by security officials on the spot.

Trump got shot in the ear, while one attendee got killed and two others are in critical condition, according to a CNBC report.

His campaign said that he was “fine” after the incident and is looking forward to going to the Milwaukee Republican National Convention on Monday.