Hold Everything! Trump Just Made Bitcoin A 2020 Election Issue

Like the way the US was stunned the day the Japanese attacked Pearl Harbor, the bitcoin and crypto universe has been staggering after U.S. president Donald J.Trump unleashed a scathing sneak attack on bitcoin and cryptocurrencies, calling them "unregulated crypto assets" and based on "thin air."

The bitcoin price rose slightly following Trump's comments as bitcoin traders and investors bet that Trump's acknowledgment of bitcoin will bring greater awareness of crypto and push prices up. But more importantly, Trump has inadvertently catapulted bitcoin and cryptocurrencies into a presidential issue and given valuable recognition to the burgeoning bitcoin technology—with some 2020 U.S. presidential election hopefuls already bitcoin and cryptocurrency fans.