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Bitcoin, Ethereum, and Dogecoin Soar as "Risk On" Trade Continues

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Summary
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68% Informative

Bitcoin (CRYPTO: BTC) is up 2.9% since the stock market closed yesterday .

The trade war that has caused concern that the U.S. will go into a recession has caused a decline in Bitcoin .

Bitcoin doesn't appear to be an inflation hedge, market hedge, or a store of value in volatile markets.

Bitcoin 's surge shows where its value is, not where investors should expect it to trade.