Bitcoin drops to a 10-month low as the market crashes and loses over 20% in a blink of an eye. It looks like BTC and crypto market have tested positive for the novel COVID’19. The decline is rapid and sharp, which has confined the world economies as the stock markets shed point after point. Investors are gazing their money floating in front of their eyes; however, looking at the optimistic side, tis’ the time to buy and HODL.
Moreover, we cannot forget the golden rule of Bitcoin and crypto price change–the law of demand and supply, which is rightly ramping the economy. Not to forget, that price is rightly affected by the number of hands it changes in this open market. Every Buy and Sell is going to leave a distinct mark on the price.
Undoubtedly, not only the crypto market but the stock market is also facing a dearth of momentum worldwide, without any hint of when the market will improve. Social Media seems to be trending as BTC and crypto market crashed, where the crypto lovers are filled with the hope of getting back to track soon and believe this is the time to invest and enjoy the returns of investment for the rest of the life. Read More...