Bitcoin Bulls Eye 10k Amid Global Risk-Off Sentiment

From scandinavianmarkets.com

Bitcoin rallied sharply in Wednesday trading, reaching its highest price levels since early November. The move took place as fears mount over the economic fallout from the coronavirus outbreak in China. Chatter over Bitcoin’s status as an emerging safe haven has increased this year. The price of the world’s largest cryptocurrency by market cap rallied along with gold and the Japanese yen as news of the Wuhan coronavirus dominated headlines. In early January, Bitcoin jumped after news broke that Iranian Major-General Qassem Soleimani was killed in a U.S. air strike. Gold also soared as Middle East tensions boiled ... (full story)