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Bitcoin and Cryptocurrency's 2020 Turnaround
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investopedia.comAt the beginning of 2020, the prospects for Bitcoin (BTCUSD), and by extension cryptocurrency markets, did not look too bright. Both were fitfully attempting to shake off a prolonged price slump and a rise in crypto crime. Market liquidity remained low, and institutional investors were still shying away from cryptocurrencies.
Then the pandemic happened. Multiple rounds of unchecked stimulus spending by central banks shook Bitcoin from its price stupor and strengthened its economic proposition as a store of value. Its price coasted past the $20,000 record, set nearly three years ago during a booming economy, in early December and has skyrocketed by more than 200% since the beginning of this year.
Meanwhile, cryptocurrency markets have jumped
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Immersive cooling tech could help Bitcoin mining go green by 2030 cointelegraph.com /2 years ago
LinkedIn reports crypto and blockchain job listings have surged 615% since August 2020 cointelegraph.com /2 years ago
Top cryptocurrency prices today: Bitcoin, Solana shed 3%; Polkadot gains 3% economictimes.indiatimes.com /2 years ago
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