Santiment: News related to the U.S. election or increased market volatility
ChainCatcher reported that the on-chain and off-chain metrics intelligence platform Santiment posted on the X platform that approximately 8 hours ago, an attack incident involving Donald Trump occurred, and the cryptocurrency market reacted immediately, with BTC rebounding to $60,300, reaching a nearly 10-day high.
As the U.S. elections approach this fall, the cryptocurrency community is generally optimistic about news supporting Trump, especially due to his recent statements in favor of cryptocurrencies. Undoubtedly, surviving the attack is seen as supportive news for Trump, which has led to an optimistic reaction in the cryptocurrency market. It is important to note that any noteworthy news regarding the U.S. elections will likely trigger such market volatility reactions at least for the remainder of 2024, especially in a field like cryptocurrency that is always driven by speculation.