Trump participated in the Bitcoin 2024 conference speech even with a gunshot wound; BTC exceeded $62,500

This site (120bTC.coM): Yesterday (14th), former US President Trump was shot while attending a rally in Butler, Pennsylvania, which became a major focus of global attention. Fortunately, Trump was fine and was discharged from the hospital after examination.

After the incident, some analysts pointed out that investors around the world will flock to safe-haven assets, such as the Japanese yen, gold and Bitcoin. BTC also continued its gains from the weekend this morning, with the highest price exceeding $62,500 at the time of writing. It hit its highest level in two weeks.

Trump will still attend the Bitcoin Conference this month

On the other hand, Bitcoin Magazine CEO David Bailey also issued a message earlier confirming that Trump will still attend the 2024 Bitcoin Conference this month and deliver a speech. (Trump is expected to deliver a 30-minute speech at 2 p.m. on July 27)

“I just spoke with the president’s team. He is in a good mood and is very much looking forward to seeing everyone in Nashville and delivering a speech that attracts global attention. "

Trump affects the global economy

Trump has recently actively supported Bitcoin and cryptocurrency, positioning himself as the "cryptocurrency president." Expert analysis after this attack may further arouse voter sentiment. , the probability of Trump being elected becomes higher, which is also considered to be beneficial to cryptocurrency.

On the other hand, related concept stocks and industries that may benefit from Trump's policies may include the following areas:

1. Energy and oil industry

The Trump administration has always supported energy independence and relaxed restrictions on oil and Natural Gas Industry Restrictions. Relevant beneficiary companies include: oil and natural gas exploration companies, such as Exxon Mobil (Exxon Mobil), Chevron (Chevron)...

2. National defense and military industry

With the Trump administration’s increase in defense spending and its isolationist attitude in diplomacy, countries may increase military spending and benefit military industry companies.

3. Infrastructure and construction industry

The Trump administration advocates a large-scale infrastructure construction plan. Companies that may benefit include: construction companies and building materials suppliers.

4. Financial Japanese banking business

The Trump administration advocates reducing financial regulation, which may be beneficial to the financial industry.

5. Healthcare and Pharmaceutical Industry

While the Trump administration has controversial healthcare policies, pharmaceutical companies may benefit from relaxed FDA review.

If Trump is really elected, the above industries and companies may benefit from policies to varying degrees, but investors still need to consider many factors, including market fluctuations and policy changes.

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