Bitcoin’s price has fallen to $50 million as the world’s largest producer of gold makes an announcement it intends to import a whopping 1,500 tons of gold into the country.
The announcement comes a day after the U.S. Geological Survey announced it had detected an earthquake-shaking 6.8 magnitude earthquake off the coast of California in the Pacific Ocean.
The gold shipment will include a total of 1,000 tons of 1.5 million oz gold.
That would make it the world first-ever importation of gold to the United States.
The price of gold plummeted as investors rushed to secure their holdings amid heightened fears of a Trump presidency.
Gold prices have dropped in recent months as investors have worried that the U and the U-2 spy plane could be targeted by the U