Bitcoin Jumps as Escalating Trade War Sparks Safe-Haven Run

2019-8-26 16:00

Bitcoin scaled a fresh session high on Monday as tit-for-tat trade tariffs by the United States and China bruised global stocks and boosted demand for perceived safe-haven assets. Global mkts slumping amid trade gloom.

New tariffs were announced by both China & US. Trump cited his authority under IEEPA (trade war nuclear option) to order. . .

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Фото:

Currency War Erupts as US and China Bring Out the Big Guns

What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people fear losing the value of their […] The post Currency War Erupts as US and China Bring Out the Big Guns appeared first on Bitcoin News.

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