The bitcoin price soared more than 10 percent over the last 24 hours, briefly hitting $11,840 on Coinbase. The surge higher coincides with a blistering selloff on the Asian stock markets, triggered by a breakdown in US-China trade relations. It appears that bitcoin is establishing itself as a legitimate hedge to volatility in traditional markets. Co-founder […]
The post Bitcoin Price Smashes $11,800 As Global Stock Markets Collapse appeared first on CCN Markets
* First published on ccn.com