Donald Trump’s politics had influenced bitcoin’s rate. Due to the sudden ban on entry to the United States for citizens of seven Arab countries, bitcoin’s rate increased by $40. Bitcoin is an international cryptocurrency, and the migration ban for the residents of the Arab countries can cause fluctuations in it’s rate. The decree caused discontent in Silicon Valley: Sam Altman, CEO of Y Combinator and Mike Belshe, co-founder of Bitgo, called FinTech community to oppose against migration ban.
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