US-North Korea nuclear standoff sees Bitcoin surge past $4,000

in #bitcoin7 years ago

shutterstock_600687383.jpg

Geopolitical tensions in light of the ongoing war of words between US President Donald Trump and North Korea's Kim Jong Un, and the subsequent ratcheting up nuclear tensions between both nations, have pushed cryptocurrency Bitcoin to new record highs.

Sort:  

I thinks its a bit of stretch to say Bitcoin price is surging because of US/North Korea tensions, but would be very interesting if this is the case. Any idea what the thinking behind this idea is? I am struggling to see any.

Interesting indeed, probably because americans are scared their economy would take a hit if Donald goes to war so their putting their money in Bitcoin. This could be a factor, but definitely not the only one.

Well, at least one good outcome from this verbal war...



@onealfa

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.029
BTC 65051.86
ETH 3163.86
USDT 1.00
SBD 2.54