Bitcoin price activity hints at pending growth

The bitcoin price has dropped around $30 since our last report. Following the announcement that President-elect Donald Trump would be moving to the White House this coming January, a large rally caused stocks and bitcoin alike to rocket higher than anyone expected. But now it seems the digital currency is lagging behind. Things got particularly scary when the price fell below $700, only to stabilizate at the $704 mark at press time. Only now, it appears that bitcoin is proving its volatility once again. Now that Trump is heading to the Oval Office, it seems that bitcoin is winding back down. Read more: