Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims

Cointelegraph

Published May 21, 2019 08:56AM ET

Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims

The CEO of a cryptocurrency firm has suggested that the recent rise in bitcoin’s (BTC) price could be linked to the trade war between China and the United States, Fortune reported on May 20.

In an interview, Digital Currency Group founder Barry Silbert noted how BTC’s acceleration coincided with talks breaking down between Beijing and Washington.

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