Bitcoin: A Hedge for Trump’s China Trade War?36

Global uncertainty is good for Bitcoin investors, it seems.

As trade talks between the United States and China broke down earlier this month, the price of Bitcoin soared higher than it has all year. Market watchers have speculated that the cryptocurrency, commonly referred to as “digital gold,” benefited from investors’ jitters in the equities and foreign exchange markets, which sent stocks and China’s currency downward.

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