​Bitcoin Bursts Higher As ‘Trump Trade’ Takes Off; Bonds & Bullion Dumped – Tyler Durden

Bitcoin Bursts Higher As ‘Trump Trade’ Takes Off; Bonds & Bullion Dumped $87,000…and counting!! Bitcoin is up over 25% since the election results started limping and it appeared Trump would win. Today’s massive surge took the major cryptocurrency above $87,000 for the first time ever. Source: Bloomberg …and it’s going higher… Source: Bloomberg Bitcoin ETF trading volumes exploded today… Source: Bloomberg Gold, on the other hand, has been hammered lower since the election… Source: Bloomberg ..but in the broader context, Gold is just shy of its all-time inflation-adjusted high still… Source: Bloomberg But Bitcoin/Gold is soaring back near recent highs……  — Continue at ZeroHedge News : Read More