On Monday, September 25, bitcoin went up by 7.11%, from $ 3,690 to $ 3,950. According to experts, the strengthening of the crypto currency is associated with a new round of conflict between the US and the DPRK.
Earlier, Foreign Minister of Korea Lee Yong-ho said that US President Donald Trump had declared his country a war.
"The whole world should clearly remember that it was the US that first declared war on our country. In this light, we will have every right to take any countermeasures, "he said..
Against the background of this statement, the US dollar and the Japanese yen began to fall in price. The major indices of the stock market, including Dow Jones, also reacted to the escalation of the conflict by a decrease.
Experts say that if geopolitical tension continues, it will worsen the situation. Now there is a demand for safe assets, including bitcoin. If the US and the DPRK continue to clash, and Japan and South Korea, where after the introduction of China's bans, the lion's share of the traders of crypto-currency has concentrated, military exercises will begin, world markets will continue to fall. In this situation, bitcoin will be able to reach new records.