- RFK Jr. has withdrawn from the US presidential election and endorsed Donald Trump.
- In keeping with PolyMarket, Trump and Harris have a 50% and 49% probability of profitable, respectively.
- Following RFK Jr.'s departure, Bitcoin surged nearly 5% to a file excessive of $64,000.
Impartial candidate Robert F. Kennedy Jr. for the 2024 US presidential election has declared his help for Republican candidate and former US President Donald Trump, a shocking transfer that has induced an enormous surge within the worth of the world's largest cryptocurrency, Bitcoin (BTC).
In keeping with a BBC report, RFK Jr. joined Trump at a rally in Arizona after asserting his intention to drop out of the presidential race, and the 2 teamed as much as tackle the Democratic Get together and its candidate, Kamala Harris. In keeping with Polymarket information, Trump has a 50% probability of profitable, whereas Harris is trailing at 49%.
On the Glendale rally, Trump praised RFK Jr. as “phenomenal” and “good,” whereas Harris beforehand stated she would work to win over Kennedy supporters, who’re clearly supportive of Trump, as are his personal supporters.
RFK Jr., the son of Senator Robert F. Kennedy and nephew of President John F. Kennedy, comes from considered one of America's most influential political households. In keeping with RFK Jr., Trump can be a president who would “make America entire once more” and “defend us from totalitarianism.”
Following RFK Jr.'s endorsement of Trump, Bitcoin has seen a bullish surge, with its worth growing 5% previously 24 hours to a excessive of $64,000. BTC buying and selling quantity surged 68.96% to $43 billion, and its market cap has risen to $1.26 trillion.
Bitcoin is up 8.03% since final week however down 2.73% over the previous 30 days. Nevertheless, it’s price noting that whereas BTC is up 141.67% since August 2023, it stays 13.31% beneath its all-time excessive of $74,750 recorded on March 14th.
The surge in Bitcoin costs comes as RFK Jr. voiced his help for Trump after the previous president promised to revolutionize the digital asset sector if elected and revealed plenty of methods for Bitcoin adoption.
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