Why did Trump's approval rating soar after he was shot, and why did Bitcoin soar?

1⃣ In this election, one of Trump's major strategies is to embrace crypto voters. He gave a speech at the Libertarian Party National Convention in May this year, saying that he would ensure that the future of cryptocurrency and Bitcoin would happen in the United States, rather than develop overseas.

2⃣ Later, he also announced that he would accept Bitcoin, Ethereum, Dogecoin, Solana and other cryptocurrencies as donations.

Trump thus became the first presidential candidate to accept digital currency donations. And according to previous plans, he will give a speech at the world's largest Bitcoin conference at the end of this month!

3⃣ Unlike Trump's full embrace of cryptocurrency, the Biden administration and traditional financial regulators such as the Democratic-controlled SEC are opposed to or conservative about cryptocurrency. Trump also emphasized at the May meeting that the Biden administration and his thugs who hinder the development of cryptocurrency will be dealt with by him, clearing obstacles for cryptocurrency and promising to protect people's right to hold Bitcoin!

4⃣Various evidences show that this shooting incident was not self-directed and self-acted. Trump's fighting spirit after being shot has increased his support rate. Many comments say that this shooting incident is likely to help Trump win the election. The latest data from Polymarket shows that as Trump is in good condition after the shooting, the probability of Trump winning the election in the prediction market has risen to 70%, setting a new record.

5⃣ Trump's coming to power at the end of the year is a great boon to cryptocurrencies. Combined with the expectation of interest rate cuts at the end of the year, a big bull market can be expected!

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