Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Tensions Rise Ahead of US Elections as Ballots Set on Fire, Crypto Prices Might Swing

Tensions Rise Ahead of US Elections as Ballots Set on Fire, Crypto Prices Might Swing

CryptotimesCryptotimes2024/10/29 01:11
By:Iyiola AdrianVaibhav Jha

Officials in both events confirmed that a suspicious device was used to start the fire.

Tensions are escalating as the U.S. approaches elections on November 5, with two ballot boxes set on fire early Monday in Oregon and Washington. Police in both states responded to the incidents, which occurred near the Oregon-Washington border. 

In Portland, Oregon, an incendiary device was placed inside a ballot box on Southeast Morrison Street around 3:30 a.m., according to ABC News .

Although the fire was quickly extinguished by security personnel, the Multnomah County Elections Division reported that three ballots were damaged.

Tensions Rise Ahead of US Elections as Ballots Set on Fire, Crypto Prices Might Swing image 0 Tensions Rise Ahead of US Elections as Ballots Set on Fire, Crypto Prices Might Swing image 1 Source:  X

Elections officials will contact those affected to provide replacement ballots. Elections Director Tim Scott reassured the public, stating, “We have multiple systems and security measures in place to ensure your ballot is safe.” 

About 30 minutes later, a similar incident occurred in Vancouver, Washington. Officers responded to a report of a smoking ballot box at the C-TRAN Park and Ride at Fisher’s Landing. Police discovered a suspicious device next to the burning box, which was extinguished by fire crews.

The Washington Secretary of State’s Office reported that hundreds of ballots were believed to have been damaged. “We take the safety of our election workers seriously and will not tolerate threats or acts of violence,” stated Secretary of State Steve Hobbs. The FBI is investigating both incidents to know who is responsible.

Moreover, big players in the industry are betting big on Trump to win the 2024 election. In a recent report, a crypto whale withdrew $2.03 million in USDC from Binance to invest to bet on Trump on the Polymarket platform. This shows that the election results are becoming a big factor in the crypto market, as political outcomes are influencing where investors put their money.

As of now, Bitcoin’s price has risen by 2.30%, reaching about $69,193. Other cryptocurrencies, like Ethereum, increased by about 0.65%. Dogecoin saw a more significant jump of 7.3%, while Solana dropped by 0.75%, according to CoinMarketCap .

Follow The Crypto Times on Google News to Stay Updated!
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

The Daily: Abu Dhabi sovereign wealth fund discloses $437M BlackRock Bitcoin ETF buy, Trump memecoin surges 50% and more

An Abu Dhabi sovereign wealth fund bought $436.9 million worth of BlackRock’s spot Bitcoin ETF IBIT in Q4, according to a 13F filing with the Securities and Exchange Commission on Friday.President Trump’s official memecoin surged nearly 50% over the last 24 hours to $23.93 — its highest level in two weeks — generating $3.4 billion in trading volume.

The Block2025/02/14 21:55

Bitcoin ETFs maintain market lead as Ethereum ETFs see surge in institutional adoption, 13F filings show

Institutional interest in spot Ethereum ETFs surged, with overall ETH ETF ownership rising from 4.8% to 14.5%, while spot Bitcoin ETF ownership saw a slight decline from 22.3% to 21.5%.

The Block2025/02/14 21:55

The advisory council that may not be

It appears Trump’s team is trying to avoid having too many cooks in the kitchen

Blockworks2025/02/14 21:44