Tensions are Rising Again Between the US and China; Will This Boost Bitcoin?

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The US and China are once again seeing heightened tensions amidst a new push by the Chinese government to grab power within Hong Kong The Chinese President is now noting that he feels “threatened” by comments made by the US President, and it does appear that these tensions could soon escalate further This comes as investors are largely fleeing assets that could be impacted by further economic turmoil Bitcoin could be the big winner of all this, as the cryptocurrency has largely gained status as a “safe haven” asset due to its positive price action seen throughout the past several months Tensions are rising again between two of the world’s most powerful countries, and it could give Bitcoin a much-needed boost. China is once again attempting to assert authority over Hong Kong, sparking another bout of protests from concerned HK citizens. Chinese President Xi Jinping even stated that his country…

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