Bitcoin soared Monday amid a trade-war-driven move that made all major US indexes plunge. Bitcoin gained as much as 15% Monday as investors piled into the cryptocurrency, seeking a hedge against a market sell-off with equities nose diving because of the escalating trade war between the US and China.
The cryptocurrency soared to a 3-week high when it climbed as high as $11,947, according to Bloomberg data.
Other cryptocurrencies also leapt but Bitcoin is the largest cryptocurrency, making up nearly 70% of the global market according to CoinMarketCap.
V Menschnik: Crypto Spy 