World Markets in Selloff, Trump Presidency Spikes Bitcoin Price

World Markets in Selloff, Trump Presidency Spikes Bitcoin Price

As Juniper stated in its May report, it seems a Donald Trump presidency is going well for the price of Bitcoin, which has risen overnight with a gain of about 5 percent from $702 to $737. Coupled with the weakening Chinese yuan, the total USD value of trading volume on major Bitcoin exchanges, according to Blockchain.info, rose within the last 24 hours from $13.6 mln to $21.7 mln as of Nov. 8, whilst from Nov. 6 the number of daily confirmed Bitcoin transactions jumped from 228,420 to 296,060. The U.S. Republican presidential candidate’s rise in the poll for presidency has correlated with....


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Global concern over the possible election of Donald Trump, along with other macroeconomic concerns, could lead to a massive jump in bitcoin transactions, according to a new report. The digital currency that is increasingly being linked to spikes in price during times of economic instability would likely experience such a spike following a Trump election, Juniper Research has found. In interview, research author Windsor Holden said that it was specifically Trump's "aggressive attitude" towards China and Mexico and "bellicose statement towards Muslims" that have him and....