Bitcoin Drops Below $59K Amid Market Jitters Following Apparent Second Failed Assassination Attempt on Donald Trump

As a seasoned crypto investor and political enthusiast, I find myself constantly navigating the intricate web of global events that can influence market trends. The recent video by Kevin Paffrath shed light on an unsettling event involving former President Donald Trump, which, while not directly related to cryptocurrencies, is certainly worth considering given its potential impact on political stability and security.


Today, Kevin Paffrath, creator and presenter of “Meet Kevin” YouTube channel, shared a new video discussing the startling facts about the second attempt on Donald Trump’s life as U.S. ex-president. The video presents a spine-tingling account of what happened at Trump International Golf Course in West Palm Beach, Florida, where the suspect, Ryan Wesley Routh, appears to have carefully planned his actions.

To start off, Paffrath guides viewers to the exact spot where the incident occurred, using clear maps and visuals. He demonstrates that Routh had cleverly hidden himself near the sixth hole of Trump International Golf Course, camouflaged by Ficus bushes which provided both cover and a clear view of Trump, approximately 300 to 500 yards away. Paffrath highlights the ease with which the suspect could park nearby, gather his belongings, and establish his position without being noticed.

As stated by Paffrath, the suspect was armed with an AK-47 rifle fitted with a telescopic sight, enhancing his precision and shooting range significantly. Moreover, he had a GoPro set up to record the event. However, what stood out most to Paffrath was Routh’s use of ceramic plates, possibly made from Kevlar-type body armor. He strategically positioned these protective layers along the chain-link fence, constructing an impromptu shield that could defend him against counterfire. Paffrath highlighted how swiftly this entire setup could have been put in place and the potential threat it posed, considering the rifle’s range and limited protection for the Secret Service agents.

After recognizing the danger, the Secret Service discharged four to six bullets towards the suspect, however, none hit their target. Swiftly, Routh departed from the area, jumping into a black Nissan and driving away. A passerby managed to take a photo of the vehicle which triggered a BOLO (Be-On-the-Lookout) alert. Paffrath explains how contemporary police vehicles are furnished with radar detection systems that can scan license plates automatically, accelerating the search process. These gadgets facilitated the police in swiftly locating the suspect’s car, but Paffrath highlights the disconcerting fact that Routh was able to escape the scene effortlessly, despite a direct encounter with the Secret Service.

A key concern consistently raised by Paffrath during the video is the apparent lack of adequate protection for the former president Trump, even following a second attempted assassination on him. He wonders aloud why the Secret Service wasn’t more alert, given that there were previous indications about Trump’s potential vulnerability at this specific spot. Paffrath draws parallels to an earlier assassination attempt, where Trump was also attacked from approximately 435 yards away, and emphasizes that similar security lapses occurred in both instances.

He additionally discusses the FBI’s official statement implying that Trump, being a former president, doesn’t get the same elite level of security as the presently seated president. Paffrath poses an important question about whether future presidents are getting sufficient protection, considering the intense nature of political violence in today’s environment.

During his bid for re-election, Trump has changed his position on cryptocurrencies. This summer, he spoke at the Bitcoin 2024 conference and promised to fire SEC Chair Gary Gensler if reelected. He also pledged to stop the U.S. government from selling its bitcoin holdings of approximately 213,000 coins.

Currently, as I’m typing this, Bitcoin is being exchanged for roughly $58,672, marking a decrease of about 2.5% over the last day.

The upcoming gathering of the Federal Open Market Committee (FOMC) is scheduled for September 17-18. It’s anticipated that on this occasion, Federal Reserve Chairman Jerome Powell will reveal a reduction in interest rates, potentially amounting to at least 25 basis points. This move could boost the value of high-risk investments such as U.S. stocks and cryptocurrencies.

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2024-09-16 10:09