Bitcoin sank Thursday as investors continued to flee riskier assets after President Trump ratcheted up the trade war. The largest cryptocurrency recently traded around $82,000, down more than 4% from 24 hours ago,

As Michael Saylor posted today, "there are no tariffs on bitcoin." Nevertheless, the bitcoin price is seeing red today alongside the massive sell-off in the stock market. While bitcoin's fractional declines in the past 24 hours pale in comparison to stocks today,

It is becoming clearer that bitcoin is the retail investor doomsday asset of choice, whereas gold is the institutional haven—especially given the ‘soft power’ Trump curre