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Bitcoin has jumped higher after an assassination attempt was made on former US President Donald Trump during a rally in Pennsylvania.

The bitcoin price has topped $60,000 per bitcoin, up from lows of $53,000 earlier this month, as Trumps chances of retaking the White House in November spiked on the crypto-based Polymarket prediction platform, reported Forbes.

What happened in Pennsylvania today?

Former US President Donald Trump received injuries on his right ear during a Saturday election campaign rally at Pennsylvanias Butler, in what is seen as an assassination bid that left the 78-year-old Republican presidential candidates face streaked with blood with his alert security agents rushing him off the stage even as he pumped his fist in the air, mouthing the words Fight! Fight! Fight!

The shooter, along with one bystander who was there to attend the rally, died.

As gunshots were heard, Trump, who was just six minutes into his election speech, was seen clutching a hand to his right ear, where blood was visible across his cheek and mouth.

Two other spectators were injured, the Secret Service said in a statement. The incident was being investigated as an assassination attempt.

Secret Service agents were quick to respond and surrounded Trump while escorting him off the stage, as he raised a fist to the crowd in defiance.

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