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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on March 22, 2020, 11:57:55 AM

Title: Bitcoin Rallies as Fiat Currencies Drop Against the U.S. Dollar
Post by: sirty143 on March 22, 2020, 11:57:55 AM
(https://cimg.co/w/articles-attachments/3/5e7/3695050b2d.jpg)

After a major market crash last week, bitcoin (BTC), the most popular cryptocurrency, at least today is somewhat showing its power as a hedge against risks inherent in fiat currencies and the broader financial system. After touching the USD 4,000 level less than a week ago, BTC rallied around 50% and is now (19:13 UTC) trading above USD 6,000 again. Other major coins are also in the green today. See more for yourself here (https://cryptonews.com/news/bitcoin-rallies-as-fiat-currencies-drop-against-the-u-s-doll-6071.htm)...