Is bitcoin becoming the new gold as investors seek shelter from trade war in safe havens?
The recent rallies in gold and bitcoin have entered their third week, with spot gold reaching a six-year high of US$1,446.10 an ounce on Thursday and the cryptocurrency hovering close to a year-high of US$10,568 on Friday.There should be very little common ground for the 10-year old cryptocurrency whose abstract existence resides purely in the decentralised computer network of the blockchain, and the centuries-old precious metal whose holders, ranging from central banks to merchants and traders…


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