China Buying More Gold, Bitcoin Accumulation Inevitable?

bitcoin boom us china trade war

As economic tensions escalate and the Trump administration continues with its war on trade, China has started stockpiling safe-haven assets. Gold appears to be the asset of choice for the central bank but Bitcoin is likely to be a good option for the people.

China Adds 100 Tons to Gold Reserves

According to a Bloomberg report today, China has stockpiled 100 tons of gold bullion adding to the accumulation it began in December.

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