Bitcoin Climbs to More Than One-Week High After Attack on Trump.

Bitcoin has reached over $62,000 following an assassination attempt on former President Donald Trump, leading to speculation that his chances of winning reelection have increased. The cryptocurrency rose by 4.5% on Monday, reaching its highest level in over a week. Trump's embrace of the crypto industry and his meeting with Bitcoin miners have also contributed to the rise. Supporters of Bitcoin argue that it serves as a store of value and a hedge against political instability. The crypto sector is actively supporting candidates favorable to digital assets, including through donations to political action committees. [Extracted from the article]