|
Title: [2016-11-09] Despite Trump Bump, Bitcoin Still Strives for 'Safe Haven' Status Post by: PHPSELLER on November 09, 2016, 04:35:03 PM "Not sure what to expect exactly..." That the sentiment of at least one major bitcoin exchange executive yesterday as Americans took to the polls in what the New York Times would ultimately call a "stunning repudiation" of the political system. Hours later, Donald Trump, the billionaire and former reality TV star, was elected president, but the markets had already responded. As reported by CoinDesk, many traders were expecting a Trump upset to boost the bitcoin markets, with some comparing it to a "Brexit" scenario for the global markets. In that surprise political turn, the price of bitcoin ranged sharply, trading from a low of $550 to a high of $650 when the final decision was announced. Read more: http://www.coindesk.com/despite-trump-bump-bitcoin-still-strives-safe-haven-status/ https://media.coindesk.com/uploads/2016/11/coindesk-bpi-chart-61.jpeg |
