Bitcoin Proves to Be a Hedge to Investors During ‘Stressful Trade Wars’

By CCN: The U.S./China trade war stage has been set with no finale in sight, and the unlikely beneficiary appears to be bitcoin. While it’s still early days, the crypto is emerging as a viable global hedge. Travis Kling, CIO of crypto asset management firm Ikigai Asset Management, told TD Ameritrade the rally in crypto caught him by surprise considering “the increase in stress from what’s going on with the trade war.” He offered a possible catalyst for the gains, saying: “This is a hedge against irresponsibility from governments and from central bankers…the world is waking up to the value

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