- Trump survives a second assassination attempt, impacting both the prediction and crypto markets.
- Bitcoin drops 3% after the attack, which contrasts with the previous rally during an earlier attempt.
In a shocking turn of events, presidential candidate Donald Trump narrowly escaped a second murder attemptthis time at his golf club in Florida.
The incident comes just two months after an earlier attempted rally in Pennsylvania.
The assassination attempt on Trump
Although Trump’s campaign has confirmed that he is safe and unharmed, the incident has roiled both the prediction markets and the cryptocurrency space, with notable implications for market dynamics and predictions for the upcoming election.
Trump’s health was further confirmed by Vice President Kamala Harriswho went to X and said:
“I have been informed of reports of gunshots fired near former President Trump and his properties in Florida, and I am glad he is safe. There is no place for violence in America.”
Impact on Polymarket data
After the assassination attempt, Polymarket data showed a significant shift in the race, with Trump holding 50% of the expected votes and Harris close behind with 49%.
Source: Polymarkt
This marked a reversal from the post-debate rankings, where Harris had risen to 50%, leaving Trump at 49%.
Source: Polymarkt
However, the aftermath of the assassination attempt appears to have leveled the playing field again.
From the most recent Polymarket updateHarris still leads with 50%, while Trump has fallen slightly to 49%, reflecting continued volatility in voter sentiment.
Impact on the price of Bitcoin
Meanwhile, the crypto market responded to the recent assassination attempt with a notable drop in Bitcoin [BTC] value.
After the attack, Bitcoin fell 3%, and as of the last update of CoinMarketCapit fell 2.67% to trade at $58,592.
This is in contrast to the previous assassination attempt, where Bitcoin staged a sharp rally, crossing the $60,000 mark and eventually trading above $65,000.
According to an analysis by AMBCrypto, based on data from IntoTheBlock, a significant 81.92% of Bitcoin holders were “in the money” at the time of writing, meaning their tokens were valued higher than their original purchase price.
On the other hand, 13.47% of holders found themselves ‘out of money’, with BTC worth less than what they paid.
Source: IntoTheBlock
This trend suggests that Bitcoin may be gearing up for a bullish shift in the near future.
Plus the Trump themed meme coin MAGA saw an 11.71% drop in the daily charts after the recent assassination attempt.
This downturn is in stark contrast to the reaction after the first attempt, when the MAGA coin rose 40.81% within 24 hours.
On the other hand, the ETF market, which recorded an inflow of $263.2 million on September 13, according to Farside Investorscould face potential consequences after the assassination attempt.