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Bitcoin’s price reacts to President Biden’s victory



Goodbye, Trump! Fake news media Decryption was among the media calling for Democratic candidate Joe Biden’s victory today after he won the ballot in Pennsylvania.

Trump argued that he won and that (President? —Just try it for size) Joe Biden is a con and crook. He plans to dispute the votes in a series of lawsuits starting Monday.

While Trump was seething, Bitcoin traders looked at how news is handled.

Remember, unlike stock market day traders, who occasionally meet family at night and on weekends, Bitcoin traders have to stay awake all the time, every day, forever.

Immediately after the news, Bitcoin price dropped from $ 1

5,369 to as low as $ 15,190, then rose back up to $ 15,343 and then dropped to its current price of $ 15,317, according to data from CoinMarketCap. .

Who can blame them? Biden’s victory is a plus for many young, socially liberal Bitcoin traders, but losing President Trump is bad for conservatives who hate banks. Central government and anything related to government. Fierce battle!

Repel

The views and opinions expressed by the author are for informational purposes only and are not financial, investment or other advice.


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