Bitcoin climbed to an all-time high Friday, up more than 20 percent for the week while global stocks fell as worries about the North Korea nuclear threat grew.
Gold also rose, gaining 2 percent this week to a two-month high.
While bitcoin appeared to exhibit gold-like properties, it's still unclear whether the digital currency can keep climbing.
At least this week, bitcoin earned some points toward being a safe haven trade.
The digital currency jumped more than 20 percent to a record high this week, while global stocks fell amid escalating tensions around the North Korea nuclear threat. Prices of the traditional safety asset, gold, rose just 2 percent to a two-month high.
Bitcoin climbed more than 3.5 percent Friday to an all-time high of $3,586.23, according to CoinDesk. At that price, bitcoin has gained 24 percent since last Friday and more than tripled in value for the year.
Bitcoin Steady in Face of World War Three
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What do you think how ether will develop?
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