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A comment on Bitcoin Price Hits All-Time High of $19,786, Topping 2017 Record. Parent comment

Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by calebm on Monday November 30, 2020 @01:03PM (#25256797)
Bitcoin is a hedge on the US dollar, so people probably suspect the economy will go down since Biden won.
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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by optimalsolver on Monday November 30, 2020 @02:10PM (#25257579)
Is that why Dow hit 30,000? Because investors are bearish on a Biden economy?
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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by pashamur on Tuesday December 01, 2020 @11:47AM (#25266857)
Holding stocks is also a hedge on the USD, not unlike bitcoin.

Perhaps the market is expecting more money printing.

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