Bitcoin continued to remain above the $78,000 level despite the news of the armed attack during the White House Correspondents’ Dinner held in Washington, during which former US President Donald Trump and his senior officials were removed from the hall for security reasons. According to CryptoAppsy data, BTC price is trading around $78,121 today and reached a high of $78,197 during the day.
Latest developments in Trump and the Bitcoin market
In the shooting attack on Sunday, Trump and his wife Melania Trump were urgently evacuated from the hall. The Secret Service agent injured in the incident was taken to the hospital but was released a short time later. Federal officials stated that the suspect will be charged with assault on a federal officer, use of a firearm and attempted murder.
Despite the attack and these sudden threats against Trump, there was no noticeable pullback in the cryptocurrency market. Bitcoin’s price has continued to hover near its strongest levels in recent weeks. Investors’ focus still remains on the general recovery in risk appetite and spot demand activity.
Trump’s crypto event and $TRUMP token
Just a few hours before the attack, Trump held the second annual meme coin contest awards ceremony at Mar-a-Lago in Florida. While 297 people who invested in the $TRUMP token were invited to this event, the 29 largest holders attended the special VIP meeting with Trump. In his speech here, Trump stated that he felt a responsibility to support the crypto industry and emphasized that crypto is now becoming mainstream in the USA.
It is noted that blockchain startups close to the Trump family earned more than $1 billion in total revenue in the first half of this year, exceeding $336 million from meme coin sales alone. Despite this, the price of the $TRUMP token remains well below its historical peak and is a significant decline compared to the levels at the beginning of the year.
Technical indicators and analyst commentary
One of the technical reasons for the limited fluctuation in the markets is that Bitcoin’s purchasing premium on the Coinbase exchange (Coinbase Premium Index) has remained positive for 14 days. According to CryptoQuant, this is the longest period of momentum seen since October 2025 and indicates strong US buyer interest.
Analyst Ted Pillows noted that while Bitcoin rose above 78 thousand dollars, the Coinbase premium index remained positive, indicating that spot demand continues, and that the price is currently moving in the most critical resistance range. He said that if $ 80 thousand is exceeded permanently again, the target may shift to the $ 84 thousand level on the CME exchange, otherwise BTC may fall back to the range of $ 75-76 thousand.
On the other hand, well-known crypto analyst Michaël van de Poppe states that a permanent break in the $ 84-87 thousand band is required to confirm the rise. According to him, when this targeted threshold is exceeded, the potential for movement towards new peaks will increase. At this stage, Bitcoin price continues to remain just below this range and investors are watching whether $80,000 can become permanent support.
