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Robert F. Kennedy Jr.’s independent presidential campaign is disappearing — both on the trail and in the polls. Kennedy’s public poll numbers are dropping, from around 9% or 10% in national surveys before Biden dropped out, to about half that level now. The Kennedy campaign did not respond to questions for this article. The Kennedy and Trump campaigns have not commented or provided any details about whether Trump made Kennedy a specific offer. Kennedy posted a video on Aug. 2 announcing an endorsement from Russell Brand, the actor and comedian who has been accused of sexual assault by multiple women.
Persons: Robert F, Kennedy Jr, Kennedy, Joe Biden, it’s, Nicole Shanahan, Biden, Republicans colluded, Kennedy groped, Eliza Cooney, Cooney, ” Kennedy, Kamala Harris ’, Trump, , Las Vegas . Kennedy, Kennedy’s, Bobby Kennedy, , Lori Spencer, Russell Brand, Joe Rogan, Cheryl Hines Organizations: Republicans, Yorker, Democratic, Trump, Bitcoin Conference, Inman, NBC News, Republican National Convention, Boston Globe, New Locations: Freeport , Maine, New, Las Vegas ., Iowa, Wisconsin, New York, California
Based on Trump's social media commentary, more about their relationship may be coming soon. Trump wrote in a post on Truth Social on Tuesday that the two will be speaking together publicly next week. Trump wrote. 'I have no choice'Since gaining Musk's support, Trump has returned the praise. On the day of Trump's speech in Nashville, Musk wrote "Save our kids!"
Persons: Elon Musk, Donald Trump, Evan Vucci, Donald Trump's, Trump, he'd, Elon, He's, Musk, What's, podcaster Jordan Peterson, they've, Kamala Harris, he's, it's, Joe Biden, Steven Cheung, Biden, Tesla wasn't, Tesla, Ron DeSantis, DeSantis, David Sacks, Trump's, CNBC's Joe Kernen, they're, Harris, Mark Fields, , Fields, CNBC's Brian Sullivan, Giorgia Meloni, Javier Milei, Jair Bolsonaro, Narendra Modi, Benjamin Netanyahu, Kevin Mohatt, Kamala, Mike Moritz, Moritz, Brian Schwartz, Christina Wilkie Organizations: SpaceX, White, AP NASHVILLE, Bitcoin Conference, Elon, Music City Center, Trump, Republican, PAC, North Carolina Attorney General's, America PAC, ELON, Biden, General Motors, Ford, Musk, Tesla, Bitcoin, Italian, Indian, Capitol, Air Force, Joint Base Andrews, Financial Locations: Washington, Tenn, , Nashville, Memphis , Tennessee, Pennsylvania, Michigan, tamp, Florida, Lago, China, U.S, Atlanta, Gaza, Wisconsin, Joint Base Andrews , Maryland, West Palm Beach , Florida, Silicon Valley
After the NABJ appearance, Trump posted on social media, "Crazy Kamala is saying she’s Indian, not Black. Trump also said during that election cycle that he didn't believe Clinton had "the look" to be president. 'Dumb as a rock'The day after Biden threw his support behind Harris, Trump put up a social media post calling her "Dumb as a Rock." Trump pushes baseless birther claimsOn Thursday, Trump shared a post by far right-activist Laura Loomer that said Harris is "NOT black and never has been." The people in the background know it, the people who know her know it, and she’s like an unbalanced person.”
Persons: Joe Biden, Kamala Harris, Donald Trump, Harris, She'd, Trump, Biden, It's, , she's, , Kamala, Laura Ingraham, Hillary Clinton, Hillary’s, She’s, she’s, didn't, Clinton, Nikki Haley, Laura Loomer, Loomer, Harris wasn't, Haley, Sen, Ted Cruz, Barack Obama, mispronounce Harris, ” Trump, , you’ve Organizations: Trump, Democratic, National Association of Black Journalists, Howard University, Alpha Kappa Alpha, Fox News, NBC, South Carolina Gov Locations: American, Harris, Chicago, Indian American, Tennessee, U.S, California, Texas
Read previewIn May, Ryan Salame was sentenced to 7½ years in prison for his role in Sam Bankman-Fried's multi-billion-dollar cryptocurrency fraud. In May, US District Judge Lewis Kaplan — who also oversaw Bankman-Fried's trial — sentenced Salame to 7.5 years in prison, higher than what prosecutors recommended. AdvertisementSalame says without evidence that a key witness in Bankman-Fried's trial liedSalame pleaded guilty to charges against him in September, shortly before the start of Bankman-Fried's criminal trial in Manhattan. At the trial, Singh said he initially cared about the political donations, but later just did whatever Salame told him to. In social media posts, Salame said Singh wasn't being truthful about his role in the use of FTX customer funds.
Persons: , Ryan Salame, Sam Bankman, Salame, Fried, SBF, Trump, Donald Trump, RyAN, Lewis Kaplan —, Kaplan, ANGELA WEISS, weren't, German Shepherd, Caroline Ellison, Gary Wang, Nashad Singh —, Wang, Singh, Ellison hasn't, Salame didn't, didn't, Nishad Singh, FTX, Ellison, Singh wasn't, Nishad, I've, Guy, hasn't, he's, Joe Biden, Bitcoin, Gary Gensler, Biden, Kamala Harris Organizations: Service, Business, Alameda Research, US Bureau of Prisons, US, Mega, FTX, Circle Trade, CPA, HK, Republican Party, Twitter, Alamada Research, Prosecutors, Getty, FTX's, Office, Southern, of, Bankman, Republican, Alameda, SEC, Trump Card Locations: Bankman, FTX, Alameda, Bahamas, America, Nashville, Manhattan, Washington ,, United States, German, of New York, York
Bitcoin 2024 attendee wears "Make Bitcoin Great Again" baseball cap. Trump said on Saturday that his campaign has raised $25 million from the crypto industry since it began accepting cryptocurrency donations in May. "Make Bitcoin Great Again" hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. "The rules will be written by people who love your industry, not hate your industry," Trump declared that afternoon in the main auditorium as he warmed up the crowd. As Riot's Les put it, "I think the core message that we communicated to President Trump was, 'This is your industry leadership group.
Persons: Donald Trump, Jon Cherry, Donald Trump White, Tyler, Cameron Winklevoss, Paul Grewal —, David Sacks, Cantor Fitzgerald, Howard Lutnick, Cynthia Lummis, Bill Hagerty, Marsha Blackburn, Vivek Ramaswamy —, Kid Rock, Billy Ray Cyrus, Jason Les, Fred Thiel, Zach Bradford, Chris Cook, Amanda Fabiano, Michael Saylor wasn't, Saylor, Trump, That's, Donald Trump's, Les, he's, litigator, Tracy Hoyos, Cyrus strummed, " Hoyos, López, Hoyos, Cyrus, López Trump, Marathon's Thiel, Thiel, David Bailey, Bailey, Sen, Elizabeth Warren, Gary Gensler —, Kamala Harris, Cook, Saturday's, CleanSpark's Bradford, Riot's Les, indoctrinating, Bradford, they've, It's, we're Organizations: Republican, Getty, Music City Center, GOP, Gemini, Trump, U.S ., State Department, Marathon Digital Holdings, CNBC, Music City, Riot, Attorney, Bitcoin, BTC Inc, U.S . Securities, Exchange, US, Bloomberg, indoctrinating Trump, Industry, Mar Locations: Nashville , Tennessee, San Francisco, Nashville, Mar, Lago, U.S, San Bernardino County, López
CNN —Former President Donald Trump’s remarks to the annual Bitcoin conference on Saturday were delayed for about an hour after two individuals were removed from the premises for “not following proper entry protocols,” the United States Secret Service said. The two individuals were credentialed, the Secret Service said, adding that there was no “protective interest with these individuals.”The agency determined there was “never a threat to the former president,” a Secret Service spokesperson told CNN. The former president ultimately took the stage alone and no indication of a potential security issue was relayed to the crowd. The actions of the Secret Service that day led to bipartisan condemnation of the agency and the resignation of USSS Director Kimberly Cheatle. Acting Secret Service Director Ronald Rowe is set to appear before a Senate panel on Tuesday to discuss how the agency will approve security measures in the wake of the assassination attempt.
Persons: Donald Trump’s, , , Trump, Thomas Matthews Crooks, Kimberly Cheatle, Ronald Rowe Organizations: CNN, United States Secret Service, Service, Secret Service, Trump, New, New York Post, Music City Center Locations: , New York, Nashville, Butler , Pennsylvania
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Treasury yields slipped and U.S. oil prices fell amid increasing tensions between Israel and the Iran-backed militia Hezbollah in Lebanon. McDonald's missMcDonald's quarterly earnings and revenue fell short of analysts' expectations as same-store sales declined globally for the first time since 2020. The fast-food giant's second-quarter net income fell to $2.02 billion from $2.31 billion a year ago, while revenue was nearly flat at $6.49 billion. Bond investors benefit from price appreciation in a falling interest rate environment as bond prices and yields move inversely to each other.
Persons: McDonald's, iPhones, Max, Bitcoin, Donald Trump, Trump, Gary Gensler, Janus Henderson Organizations: CNBC, Big Tech, Nasdaq, Dow Jones Industrial, Treasury, Hezbollah, Apple, Apple Intelligence, Republican, Bitcoin Conference, Metrics, Securities, Exchange Locations: U.S, Israel, Iran, Lebanon
Investors are coming back into the market after bitcoin ended last week flat and ether dropped roughly 8%. Additionally, traders are watching the Federal Reserve, Bank of Japan and the Bank of England – all of which are meeting this week. Eyes are on Fed Chair Jerome Powell in particular, hoping his comments will confirm an interest rate cut in September. He also said it would be his policy to keep 100% of the bitcoin the U.S. government currently holds (about 210,000 bitcoins), serving as the beginning of a National Strategic Bitcoin Reserve. In remarks that garnered the biggest roar from the audience, Trump vowed that he would replace Gensler "on day one."
Persons: Bitcoin, bitcoin, Jerome Powell, Donald Trump, Sen, Elizabeth Warren, Gary Gensler, Biden, they've, Trump, Cynthia Lummis Organizations: Getty, Metrics, Federal Reserve, Bank of Japan, Bank of England, Bitcoin Conference, Democratic, Securities, Exchange, Trump, Strategic Bitcoin, Republican Locations: Nashville, Wyoming
Yen eases as Nikkei jumps, central bank meetings loom
  + stars: | 2024-07-29 | by ( ) www.cnbc.com   time to read: +2 min
Sterling was steady near a 2-1/2-week low to the euro ahead of the Bank of England's policy announcement on Thursday. The dollar gained 0.29% to 154.24 yen early in the Asian day, after dipping as low as 151.945 on Thursday for the first time since May 3. Last week, the dollar sank 2.36% against the yen for its worst weekly performance since late April. Speculation has grown that the Bank of Japan will raise interest rates on Wednesday at the same time as significantly reducing its monthly bond purchases. Elsewhere, the Australian dollar gained 0.31% to $0.6568, recovering from Friday's low of $0.65105, a level not seen since the start of May.
Persons: Sterling, Tony Sycamore, bitcoin, Donald Trump Organizations: Bank of, Nikkei, Bank of Japan, IG, Federal Reserve, Apple, Meta, Microsoft, Australian, Republican Locations: Japan, U.S, China
During remarks over the weekend, Donald Trump said he wants to make the US a "bitcoin superpower." Trump said he has raised $25 million in crypto donations over the last two months. AdvertisementDuring remarks a weekend bitcoin conference, presidential hopeful Donald Trump pledged to make the US the "crypto capital of the planet, and the bitcoin superpower of the world" if elected in November. Kennedy, a staunch crypto supporter, said Trump's policies while in office capped the currency's growth and reminded the audience that Trump once called Bitcoin "a scam against the dollar." AdvertisementTrump's comments follow his party's recent growing support for crypto.
Persons: Donald Trump, Bitcoin, Trump, , Gary Gensler, Robert F, Kennedy Jr, Kennedy, Ross Ulbricht, he's, He's, Cameron, Tyler Winklevoss Organizations: Service, SEC, Twitter, Gemini, Trump, Assets, Government Surveillance Locations: Nashville
In a matter of just 24 hours this weekend, Donald J. Trump traversed two very different worlds, neither one of them his own. The next afternoon, he was in Nashville, yukking it up with thousands of crypto-evangelists at a Bitcoin conference. The two groups could hardly be less alike, and Mr. Trump — neither a pious man, nor technologically savvy one — made for an unlikely champion at each. And yet, taken together, the two appearances provided a case study in how he code switches — from Christianity to crypto — as he campaigns. And his attempts to win over a crowd that is not inherently his own can be acutely awkward.
Persons: Donald J, Trump Locations: West Palm Beach, Fla, Nashville
"For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said at this year's Bitcoin Conference in Nashville. Kennedy went further than Trump, promising to establish a 4 million bitcoin strategic reserve to match the country's current stake in gold, some of which is held near the military base at Fort Knox. But Trump's reservation speaks to the complications of promising a bitcoin strategic reserve on par with the gold standard. An executive order would not be enough to bring a U.S. bitcoin reserve into existence. That existing bitcoin stockpile could act as the foundation for the bitcoin strategic reserve, which the U.S. government would build on by regularly buying a certain number of bitcoin.
Persons: Donald Trump, Marco Bello, Trump, Trump's, didn't, Tyler, Cameron Winklevoss, Kid Rock, Cynthia Lummis, Bill Hagerty, Marsha Blackburn, Robert F, Kennedy Jr, Kennedy, bitcoin, Sen, Lummis, Per Sen, Joe Biden, Kamala Harris, Fred Thiel Organizations: Reuters NASHVILLE —, Republican, U.S . Marshals Service, Trump, U.S . Treasury, Bitcoin Conference, Saturday, Wyoming, U.S, Treasury Department, House, Independents, Democratic, U.S . Securities, Exchange Commission, U.S . Locations: Charlotte , North Carolina, U.S, Nashville, United States of America, Germany, Fort Knox, Washington, United States, bitcoin
For a time, Donald Trump would have made for an unlikely headliner at a cryptocurrency confab. As president, Trump declared bitcoin “not money” and criticized it as “highly volatile and based on thin air.” He cautioned that crypto assets helped facilitate illegal underground markets. “We have only one real currency in the USA, and it is stronger than ever,” Trump wrote on Twitter in 2019. Despite cryptocurrency’s troubling recent history and his own past reservations, Trump has fully embraced the hype and hopes of the nascent industry. The industry, in turn, has embraced Trump.
Persons: Donald Trump, Trump, bitcoin “, , ” Trump, Nashville —, Read Organizations: Twitter, United States, Biden Locations: USA, Nashville, United States, Wisconsin
Trump’s campaign would not say what sparked the former president’s 180-degree turn on bitcoin. Billionaire crypto tycoons Tyler and Cameron Winklevoss each pledged to donate $1 million worth of bitcoin to Trump’s campaign. The cryptocurrency industry has experienced a resurgence since the downfall of FTX. Trump supporters were not hard to find inside the Bitcoin Conference. Luke Broyles, a 25-year-old Michigander working in the crypto industry, was similarly unsure of Trump’s latest entreaties despite his recent rhetoric.
Persons: Donald Trump, Trump, bitcoin “, , ” Trump, Jacob Silverman, bitcoin, Sam Bankman, Larry David, Tom Brady, Fried, Brian Hughes, South Carolina Sen, Tim Scott, ” Scott, David Bailey, Bailey, cryptocurrency, tycoons Tyler, Cameron Winklevoss, Cryptocurrency, Ohio Sen, JD Vance, David Sacks, Biden, ” Sacks, , ” Tyler Winklevoss, Eric Soufer, cryptocurrencies, ” Soufer, FTX, Robert F, Kennedy Jr, John Fischer, ” Fischer, Luke Broyles, Trump’s, ” Broyles Organizations: Nashville CNN, Twitter, United States, Biden, Capitalism, CNN, Republican, Trump, South, BTC Inc, Mar, Commission, Billionaire, Music City Center, Independent, Pew, Libertarian Party, Bitcoin Conference Locations: USA, Nashville, United States, Wisconsin, St, Cloud , Minnesota, South Carolina, Silicon, Washington, Atlanta, cryptocurrency
It is also quite the about-face by the Republican presidential nominee. The Republican presidential nominee will also host an accompanying fundraiser in Nashville, with tickets topping out at $844,600 . Bitcoin 2024 conference organizers say they were briefly in talks to have Vice President Kamala Harris appear at the conference, though she ultimately declined. "I think we're going to hear from Vice President Harris soon on this. Harris' team has already begun to reach out to people close to crypto companies to set up meetings, the Financial Times reported on Saturday.
Persons: Donald Trump, Joe Biden's, David Bailey, Trump, NASHVILLE —, bitcoin, Fox, I've, Harris, Wiley Nickel, Nickel, Kamala Harris, Mark Cuban, we've Organizations: Van, Trump, Republican, BTC Inc, NASHVILLE, Republican Party, Biden, Democratic Party, Democratic, North Carolina, CNBC, Financial Times Locations: Grand Rapids , Michigan, America, Nashville, Washington, North
In this article ETH.CM=BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNTDado Ruvic | ReutersCrypto prices rose on Friday following two down days in which investors rotated out of risk assets. Bitcoin was last higher by 4.5% at $67,720.83, according to Coin Metrics, and ether advanced 4% to $3,248.25. In equities, the tech-heavy Nasdaq Composite and the broad-market S&P 500 — which suffered their worst single trading day since 2022 this week — rallied. Many expect favorable crypto comments from Trump — who in recent weeks has painted himself as the pro-crypto candidate in this year's election — could boost prices in coming days. Still, bitcoin is little changed for the week, while ether is on pace to end the week with an 8% loss.
Persons: Dado Ruvic, Bitcoin, , MicroStrategy, Donald Trump, Trump Organizations: Reuters, Metrics, Nasdaq, Federal, Bitcoin Conference, Trump — Locations: Nashville
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Scott on the state of crypto, 2024 election and GOP economic prioritiesSenate Banking Committee ranking member Sen. Tim Scott (R-S.C.) joins 'Squawk Box' to discuss former President Trump's scheduled appearance at the bitcoin conference in Tennessee this weekend, state of the 2024 election, GOP economic priorities, and more.
Persons: Email Sen, Scott, Sen, Tim Scott, Trump's Organizations: Email Locations: Tennessee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe need to make bitcoin and the regulation around crypto bipartisan: SkyBridge's Anthony ScaramucciAnthony Scaramucci, SkyBridge Capital founder and managing partner, joins 'Squawk Box' to discuss the bitcoin conference in Tennessee, the politicization of bitcoin and cryptocurrency at large, regulatory outlook, and more.
Persons: SkyBridge's Anthony Scaramucci Anthony Scaramucci Organizations: SkyBridge Capital Locations: Tennessee
Trump to headline major bitcoin conference
  + stars: | 2024-07-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump to headline major bitcoin conferenceCNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to talk the year's biggest bitcoin conference and what's on the agenda.
Persons: CNBC's MacKenzie Sigalos Organizations: Trump
Trump, the Republican nominee for president, has raised more than $4 million from a mix of digital tokens, a campaign aide told CNBC. At least 19 donors contributed more than $2.15 million bitcoin to the committee, the filing shows. Brian Hughes, a Trump campaign aide, said that of the more than $4 million in crypto raised, most of it arrived in bitcoin. "While the Biden-Harris Administration stifles innovation with more regulation and higher taxes, President Trump is ready to encourage American leadership in this and other emerging technologies." Thus far, it appears the Trump campaign is mostly converting these contributions immediately to USDC and then liquidating the donations.
Persons: Donald J, Trump, Bill Pugliano, Donald Trump, Tyler, Cameron Winklevoss, Mike Belshe, Tyler Winklevoss, Eva Marie Uzcategui, he's, Marc Andreessen, Ben Horowitz, Brian Hughes, Kamala Harris, Hughes, Harris, shiba inu, Jesse Powell, Stuart Alderoty, Alderoty, David Sacks, Ryan Selkis, Sen, Elizabeth Warren, Warren, Ohio Sen, JD Vance, Vance Organizations: Van, Getty, NASHVILLE, Republican, CNBC, U.S, Trump, Republican National Committee, State Department, Gemini Trust, Bloomberg, Solana, Bitcoin, Music City Center, Democratic, Biden, Harris Administration, IRS, Libertarian National Convention, Ohio, Biden White, SEC Locations: Grand Rapids , Michigan, Tennessee, bitcoin, Miami , Florida, U.S, Nashville, San Francisco, USDC, Washington, Lago, Florida
Spot ether ETFs top $1 billion in U.S. trading debut
  + stars: | 2024-07-24 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpot ether ETFs top $1 billion in U.S. trading debutCNBC's MacKenzie Sigalos reports from Nashville on the debut of spot ether ETFs and the upcoming bitcoin conference in Nashville that is headlining with Republican presidential nominee Donald Trump.
Persons: CNBC's MacKenzie Sigalos, Donald Trump Locations: Nashville
But there’s a small, powerful sect of Silicon Valley billionaires who are carving a path for the maybe-Trumpers and the MAGA-curious in the tech world. David Sacks, the billionaire tech investor, co-hosted a fundraiser last month at his San Francisco home and spoke at the Republican National Convention on Monday. In the last election cycle, the few Trump backers that existed in the Valley largely kept their support under the radar. Their numbers are still small, but they’re no longer hiding, and their wallets are open. And, as Kovacevich notes, just because there are a few big names turning toward Trump, “they’re not speaking for everybody.”“In fact, most of the big company CEOs aren’t terribly involved in partisan politics,” Kovacevich says.
Persons: CNN Business ’, Hillary Clinton, Joe Biden, MAGA, Elon Musk, Trump, David Sacks, San Francisco, Doug Leone, Palantir, Joe Lonsdale, what’s, Adam Kovacevich, , , Biden, Lina Khan, Joe Biden’s, Gary Gensler, who’s, Marc Andreessen, Ben Horowitz, Trump’s, hasn’t, they’ve, Reid Hoffman, Eric Schmidt, aren’t, ” Kovacevich, “ They’re Organizations: CNN Business, New York CNN, Silicon, Wall Street, Trump, America PAC, San, Republican National Convention, Sequoia Capital, Biden, of, Financial Times, SEC, Big Tech, LinkedIn, Google Locations: New York, Silicon
Former U.S. President and Republican presidential candidate Donald Trump attends a campaign event in Philadelphia, Pennsylvania, U.S., June 22, 2024. Shannon Stapleton | ReutersFormer President Donald Trump will headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where the top ticket is going for $844,600 per person. Trump signed on to headline the Music City Center gathering shortly before he survived an attempted assassination on July 13. A spokesman for the Trump campaign did not respond to a request for comment on his Nashville appearances. Trump also vowed at the Libertarian National Convention in Washington in May to keep Sen. Elizabeth Warren, D-Mass., and "her goons" away from bitcoin holders.
Persons: Donald Trump, Shannon Stapleton, Trump's, Trump, Sen, Elizabeth Warren Organizations: U.S, Republican, Reuters, Bitcoin Conference, CNBC, Trump, Music City Center, Nashville, solana, Internal Revenue Service, Libertarian National Convention, Mar Locations: Philadelphia , Pennsylvania, U.S, Nashville, Washington
The stock market surge follows a failed assassination attempt on former President Donald Trump over the weekend. Investors bet that the tragic attempt on Trump's life will help hand him to the Presidency once again in November. The gains came two days after the failed assassination attempt of former President Donald Trump at a campaign rally in Butler, Pennsylvania. Investors laid bets that the attempt on Trump's life would help put him in the White House in 2025. Bitcoin also jumped 9% since the assassination attempt.
Persons: Dow Jones, Donald Trump, , Bitcoin, Trump, bitcoin, Paul Hickey Organizations: Service, Dow Jones, House, Trump Media & Technology Group, Conference, CNBC, Trump, Trump Presidency, Treasury, Here's Locations: Butler , Pennsylvania, Nashville , Tennessee
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
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