The Week In Bitcoin - Issue #73: The Trump Effect

The Trump EffectAfter the recent US election results, much talk in digital currency land has revolved
The Week In Bitcoin
The Week In Bitcoin - Issue #73: The Trump Effect
By Alan Tsen • Issue #73 • View online
The Trump Effect
After the recent US election results, much talk in digital currency land has revolved around what Trump’s presidency will mean for Bitcoin. 
The immediate effect was a sharp rise in its price - bitcoin jumped 3% almost immediately after the announcement. After a short dip, the prices have continued to rise. 
Beyond price activity, it’ll be interesting to see if Trump actually follows through with the repeal of Dodd-Frank. If this were to come to fruition it could get interesting for digital currency exchanges. On one view, it might make it a little easier to run an exchange due to potential loosening of KYC requirements. Obviously, this is only conjecture as no one really knows what the changes to Dodd-Frank will look like. 
Regardless, it’ll definitely be an interesting 4 years for America and potentially Bitcoin too. 
Alan Tsen, @alantsen 👊💯
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The Trump Price Effect
Trumps win has been followed by a strong rally in Bitcoin's price
Trumps win has been followed by a strong rally in Bitcoin's price
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