Bitcoin climbed to more than $ 11,000 for the first time since mid-July, as risk assets in Asia declined following an increase in trade tension.
According to Bloomberg, the crypto currency with the highest market value, bitcoin, increased by 12 percent on Friday closing at 12.50 hours at 12:50 at $ 11,565 traded.
Jehan Chu, managing partner of Kenetic Capital, a crypto-money fund in Hong Kong, said: a The turmoil in the markets and the streets suddenly made us think that digital gold was not a bad idea. Bitcoin seems to be a shelter by becoming a betting tool in an increasing future.”
Passing the Chinese yuan to 7, which is the threshold for traders, has had an impact on global markets and has pulled down other currencies.
US President Donald Trump announced last week that 10 percent additional tax will be imposed on the Chinese product of $ 300 billion provided that it is effective as of September 1, and Bloomberg based on sources, China’s claim to public buyers to postpone the purchase of US agricultural products it deepened.
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