online resources

Bitcoin Is Being Pulled in Different Directions by the Coronavirus and Easy Money

The price of bitcoin has continued to fall. It is in a continuing fight to hold on to the US$8,300 level, a key technical indicator level since the start of the year. While bitcoin is known as a safe haven asset, in the event of crisis big enough to cause cash flow problems, it is inevitably sold precisely because it is a digital asset. There may be situations where unless they can generate cash, businesses could go bankrupt or people may be unable to lead their daily lives. In these situations, even gold can be sold, as seen in cases…

Continue Reading Bitcoin Is Being Pulled in Different Directions by the Coronavirus and Easy Money

End of content

No more pages to load