Bitcoin Markets Muted as Donald Trump Becomes US President
When Donald Trump won the presidential election in November, the price of bitcoin jumped. Following his inauguration today – not so much. On 9th November, prices bounced more than 3% as Trump, the controversial businessman and Republican presidential nominee, secured the votes to clinch the election versus former US secretary of state Hillary Clinton. That move came as stock markets worldwide sharply fell as Trump's victory became apparent. The reaction to Trump's inauguration, by contrast, was far more muted. Data from the CoinDesk Bitcoin Price Index (BPI) shows that today’s prices have....
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Trump Is Still No Fan of Bitcoin or Crypto
Donald Trump talked about cryptocurrency in an interview with Fox Business Tuesday. Responding to a question about whether he has dabbled in bitcoin or cryptos, Trump promptly said: “I don’t. I like the currency of the United States.” He elaborated:
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