Bitcoin is spiking

Bitcoin is up 1.3% at $1,227 a coin as traders move into the cryptocurrency amid a scramble for safety. Tuesday's bid comes following rising political tensions in the Middle East and on the Korean Peninsula which caused a steep sell off in risk assets. While those assets have clawed back their losses, bitcoin and other plays like the yen are holding onto their gains. 
Tuesday's advance has the cryptocurrency trading at its best level since March 16, the day before worrie