Santiment: News related to this year's US election may drive cryptocurrency speculation

Santiment, an on-chain and off-chain indicator intelligence platform, posted on the X platform that the attack against Donald Trump occurred about 8 hours ago, and the cryptocurrency market reacted immediately, with BTC rebounding to $60,300 to a new high of nearly 10 days. Considering the seriousness of any attempted attack against public figures (or non-public figures), and the very different political stances of cryptocurrencies, it is undeniable that there is already a clear bullish bias surrounding the 2024 US presidential candidates. With the US election approaching this fall, the cryptocurrency community is generally optimistic about pro-Trump news due to Trump's recent pro-cryptocurrency remarks. Needless to say, dodging the assassination was seen as pro-Trump news, so there was an upbeat reaction in the cryptocurrency market. It is important to note that any US election news worth watching will continue to trigger such market reactions, at least for the rest of 2024, especially in a sector like cryptocurrencies that has always been driven by speculation.