Post
Topic
Board Press
Re: [2017-1-17] Bitcoin may have friends in high places following Trump inauguration
by
pitham1
on 17/01/2017, 07:11:55 UTC
The price of bitcoin responded very positively to the prospect of a Trump presidency in November, ticking up 3.4 percent after it became clear that he would be the next president. Analysts believe that this could be due to bitcoin acting as a hedge in times of trouble.

http://bravenewcoin.com/news/bitcoin-may-have-friends-in-high-places-following-trump-inauguration/

The inauguration of Trump as president shouldn't make any difference. His election was unexpected, and that result in investors getting worried about the direction USA would take. This rubbed off a bit on Bitcoin. But now since there are no surprises, it is going to be business as usual.