{"id":410328,"date":"2020-01-09T16:00:02","date_gmt":"2020-01-09T16:00:02","guid":{"rendered":"https:\/\/uniquehot.com\/?p=410328"},"modified":"2020-01-09T14:36:45","modified_gmt":"2020-01-09T14:36:45","slug":"trump-tweet-timing-coincides-with-bitcoin-breakdowns","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/trump-tweet-timing-coincides-with-bitcoin-breakdowns\/","title":{"rendered":"Trump Tweet Timing Coincides With Bitcoin Breakdowns"},"content":{"rendered":"

When the controversial leader of the free world \u2013 United States President Donald Trump \u2013 tweets, people tend to pay attention. But could there be some correlation to recent Trump tweets coinciding with Bitcoin<\/a> price drops?<\/p>\n

And could one of Trump\u2019s tweets be responsible for Bitcoin\u2019s recent downtrend? Or does what appears to be conclusive data amount to nothing more than pure coincidence?<\/p>\n

Trump Iran Tweets Cause Crypto to Crash<\/h2>\n

Bitcoin<\/a> price has been an ongoing rally, ever since news broke that the United States launched a drone airstrike, killing Iranian General Qasem Soleimani<\/a>.<\/p>\n

The leading crypto asset by market cap pumping in the face of global turmoil alongside gold has revived the safe-haven asset narrative, further fueling the bullish momentum.<\/p>\n

Related Reading | Okay Boomer: Millennials Prefer Bitcoin To Gold During Crisis\u00a0<\/a><\/strong><\/em><\/p>\n

The pump began on January 2 after news circulated the web, but days later Bitcoin<\/a> experienced a pullback shortly after Trump tweeted that the US would retaliate if provoked.<\/p>\n

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I would've agreed with you before Friday and argued the same Bob, but this time it just moved almost exactly in concert with gold and oil. Previous geopolitical events moves either led or lagged by a lot more pic.twitter.com\/oPyVn8c2Nh<\/a><\/p>\n

— Nick Hotz (@Nick_Hotz) January 8, 2020<\/a><\/p><\/blockquote>\n