Is this the reason Bitcoin is up?

Is this why?


Last night, while Europe was asleep and it was already tomorrow in New Zealand, the US showed the rest of the world, once again, that they aren’t alright.


But I’m not into politics, I’m in crypto and I work in the media. So the first thing that stood out to me was, once again, how several media brands took this as an opportunity to shoot themselves in the foot.


First, outlets and news channels that are openly against Trump, and there’s a lot, wrote headlines that are just idiotic.


CNN, as per usual, walked home with the trophy for the dumbest headline, after writing that Donald Trump “fell on stage”.


Then several media members began saying they’d identified the suspect, one Mark Violets.

Except Mark Violets does not exist, that’s just the Americanisation of the name of an Italian YouTuber and football writer who, for whatever reason, was mistakenly addressed as the suspect online, probably as a result of a tasteless joke, and it went viral, and but because legacy media is run by idiots, they all fell for it.


But moving on.


After that, the next thing I did was I checked BTC price. And this is so strange but, the thing is, I was expecting it to be up.


And it was.


I’m presuming this is because a lot of people are now believing what happened to Trump essentially sealed his victory.


And we know that everyone automatically makes the association Republicans = good for BTC, Democrats = bad for BTC.


There’s a lot to be said about this. And I still haven’t had my coffee so this post will come across as a half-arsed, flummoxed attempt at making a point.


Still, I think it’s interesting that BTC is up. And I feel that’s exactly the reason why.


The timeline coincides, too.


Bitcoin hit $60,000 between 4 and 5 AM CET, which is when Trump, as the CNN puts it, ‘fell on stage’.

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