Post
Topic
Board Economics
Re: BTC up on gov shutdown news?
by
davis196
on 20/01/2018, 12:24:06 UTC
The news of a potential US government shutdown seem to be in sync with this 8% bitcoin rise. Coincidence or not? It was going up anyway and this seems to have triggered a pretty nice green candle. There's US government shutdown fears almost yearly but it has only happened 4 times in 25 years, I wonder how bitcoin will perform if it actually happens, I assume it will perform very well.

I still don`t know what is the opinion of the US government about bitcoin.Do they support it or no?
I can`t find any evidence that proves any relation between the US government shut down and this btc price increase.Perhaps the btc price is just recovering from the small crash that happened two days ago.
People in the USA have more money to invest in cryptos,after the taxes were decreased.