Trump delays stimulus, Bitcoin dumps shortly thereafter

[Dociko]

Bitcoin's correlation with traditional markets appears to continue. Back and forth discussions with regard to a second stimulus package for the people of the United States have been ongoing for months. Today, President Trump decided to push the matter back until after the 2020 presidential elections have concluded. This appears to have resulted in a price drop for Bitcoin (BTC) and other mainstream markets.

"Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19," Trump said in an Oct. 6 tweet thread.
Details: https://cointelegraph.com/news/trump-delays-stimulus-bitcoin-dumps-in-shortly-thereafter