Crypto News: Bitcoin Price Surpasses $3,950 by Recording 7.11% Increase as US-North Korea Tension Intensifies

Today, on September 25, bitcoin price surged from $3,690 to $3,950, recording a staggering 7.11 percent increase over the past 24 hours. Analysts attributed the overnight surge in the price of bitcoin to the intensifying conflict between the US and North Korea.

Earlier today, North Korea’s foreign minister Ri Yong-ho held an abrupt press conference in New York, accusing the US President Donald Trump of declaring war against North Korea. Ri emphasized that the “world should clearly remember” that it was the US which supposedly declared war against North Korea. Ri told reporters:

“In light of the declaration of war by Trump, all options will be on the operations table of the supreme leadership of the DPRK [North Korea].”

The North Korean government’s threats against the US and the completion of a collaborative military drill between the US and Japan in which B-1B bombers from Guam and F-15 fighter escorts from Okinawa, Japan flew over the waters of North Korea, led global stocks to plunge. More to that, reserve currencies such as the US dollar and Japanese yen declined in value.

Full story at http://bit.ly/2xtb7KQ

Source: CryptoCoinsNews

 

 

 

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