Bitcoin Price Rebounds Quickly as Dollar Weakens After Trump Comment
For all those who are casual market investors, rejoice! Bitcoin is back to its winning ways as the world’s leading free-market digital currency surges on Tuesday against a weakening US dollar due to recent commentary from President-elect Donald Trump. Trump: Dollar ‘Too Strong’. There are many potential factors in the value Bitcoin versus the dollar, the primary one being the value of the dollar itself, which is usually very stable and strong, being the global reserve currency. However, with Donald Trump ready to assume the position of the most powerful man on Earth in just three days, his....
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A Reddit user has promised to pay 0.01 BTC to every other user that comments on his post, in the event that Trump wins the presidential election. The post has gone haywire on both the /r/bitcoin and r/The_Donald sub-Reddits. Here’s what Coincle says: “If Trump wins, here's what I'll do… I'll give 0.01 BTC to everyone that comments. Don't worry about bankruptcy, I've been here for more than 5 years. Also, I want Trump to win. I forgot to tell you to comment your address, so please edit your comment and add your receiving address. Thanks! If this goes to the media, i'll be bankrupt. No, this....
The government of Mexico is preparing for a potential economic fallout if Donald Trump is elected president of the US. According to the Governor of Mexico’s central bank, Agustín Carstens, economic officials are planning a contingency plan in case of an unfavorable US presidential outcome, that is, if Trump wins. This is due to a negative narrative against Mexico pushed by Trump on the campaign trail, and fears that his administration would be harmful to economic relations between the two bordering nations. Over the course of the election season, the Mexican Peso’s exchange rate with the....
Former US President Donald Trump claims that he dislikes bitcoin because it is a competitor to the dollar, which he wants to be the world’s currency and urged US regulators to take action to monitor it. Trump Thinks Bitcoin Is A Scam Trump was asked about his opinion on cryptocurrency and the US stock market […]
Former U.S. President Donald Trump is still not a fan of Bitcoin, calling it a scam while stating that the dollar should remain the “currency of the world.” Former United States President Donald Trump has once again slammed Bitcoin (BTC).Appearing on FOX Business on Monday, the former president remarked:“Bitcoin, it just seems like a scam […] I don’t like it because it is another currency competing against the dollar. Essentially, it is a currency competing against the dollar. I want the dollar to be the currency of the world, that’s what I’ve always said.”TRUMP: Bitcoin, it just seems....
Bitcoin price was down below the $19,000 level on Thursday morning, at one point reaching its lowest point since June, due to a decline in global stock markets and the continued resilience of the U.S. dollar. However, it was a different scenario on Friday afternoon, Eastern Time as Bitcoin broke past the $20,000 barrier and improved by […]