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Bitcoin hit a two-week high Monday, as betting markets suggested an increased chance of victory for crypto-friendly candidate Donald Trump in the U.S. presidential election. The value of the world's biggest cryptocurrency, bitcoin, was up around 5% at 1:40 p.m. London time, to $62,781.48, according to CoinGecko. The rally follows the dramatic failed assassination attempt on former President Trump on Saturday. Investors said over the weekend they expected so-called "Trump victory trades" to receive a boost. The Trump campaign began accepting donations from the crypto industry in May and his messaging has become increasingly positive on the future of such digital assets.
Persons: Bitcoin, Donald Trump, Trump, Reagan, Ben Emons, Trump's favorability, Zach Pandl, Sen, Elizabeth Warren Organizations: U.S, FedWatch Advisors, Investors, Trump, CNBC, Republican Locations: London
Former US President Donald Trump speaks at a campaign event in Waco, Texas, US, on Saturday, March 25, 2023. Most Americans also think the probes of Trump — which are ongoing at the local, state and federal levels — are fair, according to the latest NPR/PBS NewsHour/Marist poll released Monday. Asked in the new poll about the investigations into Trump, 46% of national adults replied that they think he has done something illegal. That leaves just 23% of Americans who said they think Trump has done nothing wrong. The survey showed 39% of respondents viewing Trump favorably, versus 51% who had an unfavorable impression of him.
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