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'Bitcoin' Searches Spike On Google Post Trump Tweet

From bitcoinist.com

Bitcoin jumped into the mainstream spotlight July 12 after ‘negative’ comments by US President Donald Trump hit the media worldwide. Bitcoin $11706.1 +1.16% barely flinched in response to Trump saying he “is not a fan” of it, but proponents are already thanking him for giving the industry a giant publicity boost. As Bitcoinist reported, Trump suddenly released thinly-veiled criticism of cryptocurrency as a whole on Friday, a series of tweets claiming it was inferior to the US dollar. Employing classic arguments favored by many a Bitcoin naysayer, Trump said Bitcoin and crypto fed illicit markets, were too volatile ... (full story)

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  • Category: Fundamental Analysis