Recent tension betwixt the U.S. as well as Democratic People's South Korea has played its role on the global market, rattling some of the major property classes. However, non beingness pegged, or controlled yesteryear whatever centralized force, Bitcoin was totally unaffected yesteryear the news.
Overnight U.S. stocks took a large tumble, leaving their calm waters as well as falling yesteryear i percent. Stocks inwards the UK as well as Europe were also down by to a greater extent than than i percent.
The rattling nature of Bitcoin as well as role of its appeal is that it does non experience volatility spikes caused yesteryear existent footing tension as well as worry. Building tension betwixt nuclear superpowers spooks many assets as well as stocks exactly has had lilliputian consequence on Bitcoin equally its value genuinely rose slightly while traditional markets fell.
While the tension drove stocks downward a percent, a large motion for such steady assets, Bitcoin was trading some its new record high of $3,400.
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CoinTelegraph
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