By CCN: Bitcoin bull Max Keiser has suggested that the rally which has seen Bitcoin hit another high for 2019 was likely caused by the likelihood of political chaos following the European Union parliamentary elections. The elections were held over the weekend. In a tweet, Keiser suggested that bitcoin had assumed a safe haven role, becoming the go-to asset when risk rises. This is a role that has traditionally been played by gold and to some extent the Japanese yen. #Bitcoin rallies to 2019 highs as EU elections indicate extreme political chaos ahead. ??? — Max Keiser, tweet poet. (@maxkeiser)
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