Bitcoin climbed above $66,000 at one stage on Tuesday night before retreating to around $65,757, as traders continue to weigh the impact of the German government’s and Mt. Gox’s transfers, as well as the news surrounding former U.S. President Donald Trump.

The world’s largest cryptocurrency traded up 1.94% over the past 24 hours, according to The Block’s price page. Ether also traded above $3,500 briefly tonight and is currently changing hands at around $3,487, up 0.78% in the last 24 hours.

“We’re seeing the conversion of multiple factors, all supporting prices… for now,” Justin d'Anethan, head of APAC business development of crypto market maker Keyrock, told The Block, adding that a key factor was the failed assassination attempts on Trump at a rally over the weekend. 

“Traders …