Bitcoin surges to fresh record above $3,500, beats gold amid the global market sell-off

Bitcoin climbed to an all-time high Friday, up more than 20 percent for the week while global stocks fell as worries about the North Korea nuclear threat grew.
Gold also rose, gaining 2 percent this week to a two-month high.
While bitcoin appeared to exhibit gold-like properties, it's still unclear whether the digital currency can keep climbing.

At least this week, bitcoin earned some points toward being a safe haven trade.
The digital currency jumped more than 20 percent to a record high this week, while global stocks fell amid escalating tensions around the North Korea nuclear threat. Prices of the traditional safety asset, gold, rose just 2 percent to a two-month high.
Bitcoin climbed more than 3.5 percent Friday to an all-time high of $3,586.23, according to CoinDesk. At that price, bitcoin has gained 24 percent since last Friday and more than tripled in value for the year.