The bitcoin, a top performer on the cryptocurrency market, hits new peaks. Its quotes continue to surge and even if they retreat slightly, they quickly pick up pace for a further rally. The level of $4,800 became another record broken by the bitcoin. The quotes skyrocketed after North Korea launched a missile.
Pyongyang, ignoring protests of the global community, fired a missile above the territory of Japan, making it clear that North Korea is ready to attack Guam. The escalation of geopolitical tensions made investors dash into safe havens. Until quite recently, gold and some currencies have been considered as safe-haven assets but nowadays investors opt for the bitcoin. A high demand contributes to a rise in quotes of the digital money. Interestingly, the bitcoin is not the only cryptocurrency that grabbed traders’ attention. The ethereum also gains ground, approaching the level of $400. The capitalization of the cryptocurrency market increased as well. According to Coinmarketcap.com, its volume reached the level of $160 billion.
Vnesheconombank, a Russian state-owned bank, entered into partnership with the Ethereum platform, co-founded by Vitalik Buterin, to develop educational software and train blockchain specialists who can be employed by Russian public companies and government authorities.
