Ramazan Eles 
In a surprising turn of events, Bitcoin surged past the $60,000 mark following news related to pro-crypto presidential candidate Donald Trump. Trump was reportedly shot in the right ear during a rally in Pennsylvania.
According to the latest report from Bloomberg, Trump’s campaign team confirmed that he is “doing well” and eagerly anticipates attending the Republican National Convention, which starts on Monday in Milwaukee.
The developments boosted Trump’s chances of becoming president on PolyMarket, a prediction market platform, leading to a green wave in the cryptocurrency market. Upon confirmation of Trump’s well-being, Bitcoin initially crossed the $59,000 threshold, reaching $60,000 in the early hours.
This surge in Bitcoin led to the liquidation of $89.3 million over the past 24 hours, with $65.6 million in short positions being cleared.
Alongside Bitcoin, the Trump-themed memecoin, Trump (MAGA), saw a remarkable 40.3% increase in the last 24 hours.
Trump’s Crypto Wallet Balance Increases!
With this upward trend, Trump’s crypto wallet balance also saw a significant boost. According to Arkham, Trump’s cryptocurrency holdings have reached $10.8 million. Although this is a substantial rise, it remains about 65% lower than its peak of over $31 million at the beginning of June.
Arkham’s data indicates that the wallet labeled as Donald Trump’s currently holds:
210.345 billion TROG, valued at $2.27 million;
579,290 TRUMP, valued at $4.95 million;
490.449 ETH, valued at $1.57 million;
377,191 WETH, valued at $1.2 million.
These recent events underline the volatile nature of the cryptocurrency market, especially when influenced by significant political developments. The market will be keenly watching further updates on Trump’s condition and campaign activities.