COVID-19, Bitcoin and the cryptocurrency world

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Binaryx

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Jul 1, 2020
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The price of Bitcoin rose by 2.11% and rebounded to $9,132 after falling to a level of $ 8,943 on June 27. The Bitcoin exchange rate has partially stabilized due to a decrease in the number of new cases of COVID-19 infection.

“We can already cautiously talk about slowing the spread of COVID-19 in many US states. Statistics are still alarming, but a reduction in coronavirus mortality is a ray of hope for a better world situation.”☀

“Bitcoin continues to maintain a positive correlation with the stock market.”

How long will the Bitcoin price swing last? Is it possible that the improvement in the situation with COVID-19 will be the starting point for the rise in Bitcoin prices?

What do you think, folks❓
 

JacobWr

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Jul 9, 2020
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2020 is so crazy, so who knows what happens next. Plus, Bitcoin was never stable. It's better to check-out some in-depth analysis on the topic.
 
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