The Trump Variable Works... Bitcoin Recovers $60K
The cryptocurrency market is recovering quickly. Bitcoin has surged past the $60,000 mark to $61,000. Ethereum and other major altcoins have also rallied. On Friday, Bitcoin (BTC) was trading at $61,178, up 2.76% from a day earlier. Bitcoin's market share remained at 52%.
Major altcoins also saw gains. Ethereum (ETH) is up 2.39% to $3265, returning to the $3,000 level. Binance Coin (BNB) was also up 2.63% to $547, Solana (SOL) surged 3.85% to $148, and Avalanche (AVAX) was up 2.56% to $26.59. However, Cardano (ADA) was down 1.38% to $0.43.
The gains came as news of an assassination attempt on US presidential candidate Donald Trump impacted the crypto market. The news of an assassination attempt on U.S. candidate Donald Trump impacted the crypto market. Trump is considered the most pro-crypto candidate in the presidential race.
