JPMorgan: Bitcoin will benefit from Trump's victory in the next eight weeks

Odaily News JPMorgan Chase released a report saying: "We continue to believe that Trump's victory has the potential to have an impact similar to that of 2016 in the next eight weeks or so. Although Bitcoin has soared and gold has fallen due to Trump's victory, Trump's policies may support both before 2025. When traders try to hedge against currency weakness and geopolitical headwinds, both gold and Bitcoin may benefit from "depreciation trades." (Decrypt)