Bitcoin: the lifeguard in the event of a trade war
The interest in criptomonedas has grown considerably in recent weeks. While halving has been a sizable factor in the rally in crypto investments , geopolitical tensions are once again at the center of the scene. World leaders, notably Donald Trump, want the Xi Jinping government to be investigated into the origins of COVID-19, and the investment world sees the crypto ecosystem as a good haven for its assets.
The CEO and director of the investment platform Concentrated Leaders Fund, David Sokulsky , highlighted the risks of a possible trade war between the main world economies and its possible effects for the crypto market . In the framework of an interview with CNBC, the analyst assured that "a gloomy geopolitical climate" could further slow down world economic growth .
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