JPMorgan: Bitcoin will benefit from Trump's victory in the next eight weeks

ChainCatcher news, according to Decrypt, JPMorgan released a report stating: "We continue to believe that a Trump victory could have a similar impact to that of 2016 in the next eight weeks or so. While Bitcoin surged and gold fell due to Trump's victory, his policies may support both before 2025, as traders attempt to hedge against currency weakness and geopolitical headwinds, both gold and Bitcoin could benefit from 'devaluation trades'."