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Wednesday

21 October 2020

Bitcoin Jumps Again As US Election Gets Closer | Live Bitcoin News

Bitcoin Jumps Again As US Election Gets Closer | Live Bitcoin News


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At the time of writing, the price of bitcoin is up another $200.

To be fair, these talks have been going for months and very little has come of them, though it seems as though whenever Congress gets back into the gist of wanting to offer struggling Americans “free” money, bitcoin tends to spike somewhat.

This is exactly why bitcoin first rose to $10,000 in July.

Either way, elections have typically led to major spikes in the bitcoin price, and this year is likely to be no exception.

This was the first time that bitcoin had struck such a chord in roughly three years.

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