Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown

Bitcoin The closure of the US government was gathered on Friday as a striking distance of the record.

The world’s oldest crypto currency is traded at $ 123,874 with an increase of 2% per day. This is only 1% below the high price of all time in the north of the $ 124,000 in mid -August.

After US deputies could not make an agreement on federal financing, investors flocked to the decentralized asset after forcing the US government to close on Wednesday. Bitcoin increased only 12% this week.

“Closing is important this time,” Geoff Kendrick of Standard Chartered wrote. “During the previous Trump closure (22 December 2018 – 25 January 2019) Bitcoin was already in a different place, so he did little.”

“But this year Bitcoin, the US Treasury period, as best shown in the relationship with the ‘US government risks’ was traded.”

Standard Chartered is waiting for a new height soon, and the crypto is after $ 135,000.

Traders turn to crypto and other beings to protect against increased political and economic tensions. Spot Gold increased by 0.5% per ounce at the beginning of Friday and rose to $ 3,876,55, and prices won more than 2% this week.

The merchants also poured some money into their stocks on Friday, despite increasing geopolitical uncertainties. The S&P 500 and Nasdaq composite increased by 0.5% and .27%, respectively.