‘Donald Trump-based rise’: President-elect causes record high surge in Bitcoin

The Motley Fool Chief Investment Officer Scott Phillips discusses Donald Trump's impact on Bitcoin's record-high surge. “It’s purely supply and demand, the only question is how many Bitcoin people want, how many are available and how much they’re therefore going to pay for it,” Mr Phillips told Sky News Australia. “This is absolutely a Donald Trump-based rise. “I don’t know how much higher it goes, but it will be interesting to see what Donald Trump does as president.”