News

3Novices:Harsh US-North Korea rhetoric increases allure of unlikely safe haven assets

Some investors are turning to an unlikely safe heaven as the rhetoric between US President Donald Trump and North Korea intensifies.
Bitcoin, ethereum and other digital currencies, among the most volatile assets around, are gaining in part as traditional refuges such as gold and US Treasuries lose some of their lustre.
“We’re seeing investors transferring their funds into cryptocurrencies as they try to diversify their risk in case of a severe downturn in the market,” said Ron…
August 11, 2017 at 02:37AM http://ift.tt/2utnaXD
#3Novices #News #OnlineMedia #China 3Novices China

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