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Donald Trump Win Soars Bitcoin
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After Donald Trump won the bid for US President, Bitcoin soared to a high of around $738. Then it dropped the day after to around $720. Now for the past few days, Bitcoin seems to be quite steady. There is a fair amount of volume but not much movement, Bitcoin for the last four days has been trading roughly between $685-715, with its current price around $710. Today's Low was $697, and today's Hi is $712 very close to its last few trades.
Prior to Donald Trump Winning the US Presidency the value of bitcoin reach above $745 only to fall to $670 Between November 3rd-5th. Leading up to the election bitcoin saw a steady climb from around $680-$710 before it capped during election night at $740. Bitcoin rising so quickly may be a coincidence, but it seems Donald Trump winning the presidency correlated with bitcoin's increase.
If you live in the US, who knows what may happen during the next few years now that Donald Trump is your president, we should be expecting momentum as we get ever closer to Donald Trump's inauguration.