Bitcoin Traders Believe Trump Win Could Trigger Price Boost

Hillary Clinton or Donald Trump?
While America may be undecided, there’s a widespread belief among bitcoin investors and analysts that a Trump presidency would provide a limited, but impactful, boost to bitcoin prices.
Such commentary follows on the heels of the UK’s decision to leave the European Union in June, a development that many analysts credited with spurring uncertainty and causing a $100 increase in the price of bitcoin over just one trading session.
Analysts noted that while the digital currency markets might not see any significant change from Clinton’s election, Trump could offer a marked contrast due to how his election is likely to impact global investors. Previously put forward by independent research, traders appear now to largely agree Trump would be a boon for bitcoin business.

This post was published at Coin Desk on November 8, 2016.