Key Points
- Bitcoin price debuts the current week rallying above $64,000.
- On Saturday, police prevented a potential 3rd assassination of Donald Trump.
Bitcoin’s price kicked off the week surging above $64,000. At the moment of writing this article, BTC is up by almost 2% today, following an earlier dip close to $62,000.
This is the first time when BTC has surged above $64,000 since October 7th. During the past week, the coin traded mostly around the $62,000 level, except for a price drop below $59,000 on October 10th.
Regarding the US-based Bitcoin ETFs, during the last week, the crypto products saw two inflow days.
BTC ETFs Recorded $308 Million in Inflows Last Week
During the week starting on October 7 until October 11, the US-based Bitcoin ETFs recorded inflows of $308 million.
The two inflow days for the crypto products were October 7 with over $235 million in influxes and October 11 with over $253.5 million in inflows.
As of October 11, the total net assets locked in the US-based Bitcoin ETFs were over $58.6 billion. Also, the cumulative total net inflow in the crypto products as of last Friday was $18.81 billion, according to official data from SoSoValue.
Bitcoin’s optimistic price trajectory this week follows important events that took place over the weekend, potentially preventing another Trump assassination attempt.
Armed Man Arrested at a Trump Rally
According to Al Jazeera, law enforcement officers likely prevented a third assassination attempt against Trump during the weekend.
According to new reports from The Guardian, an armed man, with guns and false press and VIP passes was apprehended by authorities at a campaign rally in California last Saturday that was held by former US President Donald Trump.
The suspect was identified as Las Vegas resident Vem Miller and he was intercepted by police at a checkpoint about a half-mile from an entrance to the rally in Coachella Valley, California, according to a Sunday police statement.
Police said that the man was carrying a loaded shotgun, handgun, and high-capacity magazine.
There have been two other assassination attempts against Trump this year, one in September and the other one back in July.
Next month, on November 5, the US will see what Elon Musk recently called “the most important election of your LIFE.”
