Bitcoin “Escapes” Coronavirus Selloff, Rises Over Four Percent to US$9,000

Gold, one of the world's safest assets, is up 0.6 percent, reinforcing the search for protection by investors around the world.

RIO DE JANEIRO, BRAZIL - While global markets experienced a "selloff" day over fears of the advance of the Chinese coronavirus, crypto-assets are increasingly proving to be an alternative for investors at these times, and rose sharply on Monday, January 27th.

Around 6 PM (Brasília time), the Bitcoin recorded a rise of 4.47 percent, quoted at US$8,964 - in Brazil, the rise was 4.98 percent, at R$37,668 -, while the IBOVESPA dropped 3.30 percent, at 114,500 points and the Dow Jones fell 1.44 percent to 28,578 points.

By comparison, gold, one . . .

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