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Donald Trump’s running mate JD Vance is the first bitcoin holder to run for Vice President, forming a pro-crypto ticket alongside the former US president that has boosted the market and reassured the broader industry.

Bitcoin surged in price by nearly 10 per cent following the attempted assassination of Trump over the weekend, with leading bookmakers further lowering the odds of the Republican nominee retaking the White House.

The cryptocurrency continued to rise in price following Trump’s pick of Mr Vance for his running mate, who has held a crypto-friendly stance during his time as a senator and has a personal stake in its success.