Cryptocurrency Remains a Safe Haven Amidst Global Economic Crash

Source: CoinIdol
Source Tags: Cryptocurrency, Crash, Inflation, Coronavirus, Market, Money, Bitcoin, Economy, Banking, Million
Related Cryptocurrency: BTC
   Sentiment: Positive

Summary

The outbreak of COVID-19 has led to a significant decline in economic growth. The recent economic challenge is associated with inflation that was triggered by governments printing more money to offset the negative impacts of the pandemic. Probably, this is the reason for such striking interest in the crypto market as it is inflation-friendly.

 

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