US Presidential Election 2016: Bitcoin jumps four per cent as Donald Trump wins over Hillary Clinton
The bitcoin price has surged almost four per cent so far this morning, as Hillary Clinton conceded the presidency to her Republican rival Donald Trump.
The price of a single bitcoin has reached $737.07, according to exchange Bitstamp. The currency steadily rose as election officials began counting votes last night.
It has risen from a low of under $710 when polls on the east coast of the US began to close.
"The Trump presidency is giving bitcoin a boost as uncertainty and fear reigns globally," said Charles Hayter, chief executive and founder of CryptoCompare.
http://www.cityam.com/253261/us-presidential-election-2016-bitcoin-jumps-four-per-cent