Crypto stocks, Trump Media jump after Trump assassination | Headlines | News | CoinMarketCap

07/15/2024 20:51
Crypto stocks, Trump Media jump after Trump assassination | Headlines | News | CoinMarketCap

Following the attempted assassination of former President Donald Trump on Saturday, early-market trading on Monday saw a 53% surge in the shares of …

Following the attempted assassination of former President Donald Trump on Saturday, early-market trading on Monday saw a 53% surge in the shares of Trump Media & Technology Group (DJT) as well as increases for crypto-related stocks.

The price of Bitcoin (BTC) also increased following recent Trump events. The presumptive Republican nominee is seen as pro-crypto, and BTC reflected election sentiment by surging above $63,000 on Monday. 

Crypto-related stocks experienced a surge following Bitcoin’s climb to a two-week high after the recent events involving Trump. Coinbase Global (COIN), along with bitcoin mining companies Riot Blockchain Inc (RIOT) and Marathon Digital (MARA), saw their stock prices increase by 5% to 7%.

Reelection

The assassination attempt could strengthen …

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