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2020-01-21 13:21:19

Bitcoin value rises with adversity, a go-to asset?

For the past two weeks, the bitcoin value has been dancing up and down. In the last month, bitcoin has crossed the $8600 level and has seen a boom of 32%. The main reason behind this boom is the high political tension in the Middle East. As weird as the theory may sound, the recent study proves that predicting the bitcoin value has never been this easy. When the first news of tensions between the US and Iran broke out, the bitcoin price suddenly shot up. Not only bitcoin, but gold reacted in the same way. When Trump announced that