The cryptocurrency market, including Bitcoin, is rallying as Republican presidential candidate Donald Trump appears to be in good shape despite being shot.
On the 15th, Bitcoin is recorded at $61,037 on CoinMarketCap as of 9:40 a.m., up 2.61% from 24 hours ago. This is the first time Bitcoin has surpassed $61,000 since July 3rd.
Bitcoin is currently traded between a high of $61,329 and a low of $59,312.
The increase in security is seen as a response to reports that despite being shot, Trump only sustained minor injuries. Trump’s more cryptocurrency-friendly policies, compared to President Joe Biden, have made him a favored candidate in the cryptocurrency market, which is hopeful for his election.
Ethereum, the second-largest cryptocurrency by market cap, is experiencing a 2.71% increase, along with other cryptocurrencies.