It comes as stock markets are roiled by renewed trade uncertainty.A man passes in front of a Bitcoin exchange shop in Krakow, Poland.soared 9% on Monday, performing like a safe haven asset as it edged past $11,000 for the first time since around mid-July.
Global stock markets on the other hand have been sliding lower on the back of renewed trade uncertainty, after Presidentsaid last week that Washington would impose 10% tariffs on another $300 billion worth of Chinese goods. "Bitcoin has many use cases and one of the most important is as a form of digital gold," Charles Hayter, CEO of digital currency comparison platform CryptoCompare, told CNBC by email on Monday. "We have seen bitcoin jump before on macro uncertainty as it becomes a conduit and flight-to-safety asset."
Don't play with Bitcoin :D Rule 1 :D
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stocks Drop as Trade Spat IntensifiesGlobal stocks started the week with sharp declines and the yuan depreciated to a new low as President Trump’s threat to impose more tariffs on Chinese goods continued to rattle investors. My be prudent to give up some ground then, Jinping. Please Report on Kashmir Issue.... 70 thousands Paratroops posted in Kashmir by India .....!! Cluster Bombs throw yesterday on civilians by Indian Army
La source: WSJ - 🏆 98. / 63 Lire la suite »
It's not just the trade war – these global fears could put stocks through the wringerThe U.S.-China trade war is spooking Wall Street, but Phil Orlando of Federated Investors says that's not the only hurdle ahead. I’m just asking for one more week of wringer please What Global Fears? The EU still has its head in the sand. If they loosen Monetary Policy, the bogyman will stay the closet. Peace at any price, pays no dividend. Buy TVIX as a hedge on the down.....
La source: CNBC - 🏆 12. / 72 Lire la suite »
European stocks seen sharply lower as trade tensions mountEuropean stocks were seen tumbling Monday morning as a rapid escalation of U.S.-China trade tensions continues to spook investors worldwide. Is Trump warning people about these tariffs so they can play the market? Then he rescinds his decision again and the Market swings the other way? Curious and Curiouser...
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks, Yuan Drop Sharply as Trade Spat IntensifiesStocks across Asia fell and the Chinese yuan depreciated to a new low in offshore trading, following an escalation in the U.S.-China trade dispute and widespread protests in Hong Kong. transportation declines in US that means economy down, but official figures shows growth. why you don't care this? why you still talking about Yuan? Thangs is abouts to get good! ...aaand whens tha'goin' gets good, tha'good gets goin'. Stay tuned, folks. 💰 Entertainment money sunny days around the bend 🌅 ASX follows with 1.7% decline.
La source: WSJ - 🏆 98. / 63 Lire la suite »
Trade friction hits stocks, yuan slumps to lowest in over a decadeGlobal stocks fell for a sixth day on Monday as an escalation of trade tensions ... End then strike back World recession by the end of the year. Fed's Powell lacks awareness.
La source: Reuters - 🏆 2. / 97 Lire la suite »