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- RFK Jr. dropped out of the US presidential race and endorsed Donald Trump.
- Polymarkets present that Trump and Harris’ possibilities of successful are 50% and 49%, respectively.
- Bitcoin surged nearly 5% and reached a excessive of $64,000 following RFK Jr.’s drop out.
Robert F. Kennedy Jr., an unbiased candidate within the 2024 United States presidential elections, has thrown his assist behind Republican candidate and former US president Donald Trump. This sudden alliance led to a major surge within the value of Bitcoin (BTC), the world’s largest cryptocurrency.
In keeping with a report from BBC, RFK Jr., joined Trump on stage at a rally in Arizona after confirming that he would drop out of the presidential race and the 2 teamed as much as take the battle to the Democratic Social gathering and its candidate, Kamala Harris. Polymarkets knowledge exhibits that Trump has a 50% likelihood of successful whereas Harris stands shut at 49%.
Trump praised RFK Jr., as “phenomenal” and “good” through the rally at Glendale. In the meantime, Harris had earlier acknowledged that she would attempt to win the assist of Kennedy supporters but it surely was clear that Kennedy Jr. favors Trump and so would his supporters.
RFK Jr., son of US Senator Robert F Kennedy and nephew of President John F Kennedy, hails from certainly one of America’s most influential political households. As per RFK Jr., Trump Trump would “make America wholesome once more” and can be a president “who’s going to guard us in opposition to totalitarianism.”
Within the wake of RFK Jr.’s endorsement of Trump, Bitcoin turned bullish and reached as excessive as $64,000, with a 5% surge in value up to now 24 hours. The buying and selling quantity for BTC skyrocketed 68.96% reaching $43 billion whereas its market cap rose to $1.26 trillion.
Bitcoin is up 8.03% because the previous week, however down 2.73% over the previous 30 days. Nevertheless, it’s noteworthy that BTC is up 141.67% since August 2023, although it stays 13.31% beneath its all-time excessive of $74,750, achieved on March 14.
The surge in Bitcoin’s value could be attributed to RFK Jr., extending assist to Trump as the previous US president has promised to revolutionize the digital asset house and revealed quite a few Bitcoin adoption methods if he had been to grow to be president.
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