Bitcoin casino gamblers and voters in the United States of America were out voting and also standing by their candidates last night. Most Americans were expecting a huge landslide victory by Hillary Clinton. It turned out to be a battle to the end with the new United States President Donald Trump winning. Earlier this week we heard that many Bitcoin traders felt that the price of Bitcoin would increase in Donald Trump defeated Hillary Clinton.
The Price Of Bitcoin Surges?
The price of the digital crypto-currency BTC soared above $730 last night. It started as the states started to count the votes. Once Republican Donald Trump rose up three percent the price of the virtual currency started to rise. When he won Iowa and other key states showing an electoral upset we saw the price of BTC go over seven hundred thirty dollars from the earlier price of $709 CoinDesk USD Bitcoin Price Index.
The Dow Jones was projected to open with the biggest loss since September 11, 2001 (3.8% or 705 points). The ¥4,959.11 went up to at the time Donald Trump was declared the winner and also the CNY markets are up 2.4% so far.
Does President Trump Wins Presidential Election Effect This?
Many people that play online slots for real money bet on the Democrat Hillary Clinton to win the race. It appears that the alleged FBI investigation over the past few weeks may have caused her to loose the United States Presidential Election. New Hampshire, Pennsylvania and Michigan played a big role in U.S. President Donald Trumps win.
Wall Street was a lot less shocked than most people projected. The Dow Jones was very calm taking everything into consideration. The prices of the stocks in the biotech and defense companies jumped nicely however the Healthcare industry is not looking as good. They were counting on a win by Hillary Clinton. Since Donald Trump won the USA 2016 Presidential election the Insurance Industry is preparing for OBAMACARE or the Affordable Health Care Act being through out.
The Insurance group Centene Corporation took a big hit this morning. Their price per shares went down over 15%. This makes the Insurance group Centene Corporation clearly the worst-performing stock on the S&P 500. Bitcoin casino gamblers and traders are celebrating the new United States of America’s Presidents victory but the Private healthcare providers are not holding up well. The Universal Health Service fell 8% so far and the Hospital Corporation of America is down almost 15%. This also raises the question what will happen to the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).