Bitcoin Dips, Gold Rises as Trump Derails US-China Trade Talks

Bitcoin Dips, Gold Rises as Trump Derails U.S.-China Trade Talks

Trump threatens to derail trade talks with China, standing firm on Beijing making huge agricultural purchases. U.S. stocks decline as investors move capital into safe-haven assets. Bitcoin yet again fails to act as a hedge while gold surges. Gold outperformed its rival bitcoin on Wednesday as trade talks between the U.S.