
Photo credit to CoinTelegraph
Before this pandemic outbreak happens we see that the market price of the bitcoin are running toward to good market value from the month of February it takes the peak for over $10,000 which a huge amount and having warming welcome back to the market income of the coin, but in just a single month the market price of the bitcoin falls down into the month of March and reaches the value of $3,800. In some cases, there is a huge impact of the pandemic outbreak into the economy because the stock and shares falls down but the thing is the market price of the bitcoin are still going into the uptrend. Many people stated that bitcoin becomes a safe haven because it still has a good market price that is continuously pumping. Also, the use of the bitcoin has huge benefits to the whole economy if they will adopt this it may prevent the virus from spreading too. If we use the bitcoin or the cryptocurrency as a transaction we can now avoid getting outside just to transfer your funds, also we can use this for having a secured transaction, and one of the best thing we will not touch any tangible money which is dirty money can cause rapidly spreading the money.
What do you think about this bitcoin adaptation? It can benefit while we are having this pandemic outbreak.
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You can visit these links to relate to this topic
https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/is-covid-19-the-biggest-opportunity-in-crypto-asset-trading/articleshow/75913576.cms
https://cointelegraph.com/news/cryptocurrency-and-covid-19-bitcoins-path-to-a-safe-haven
https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/is-covid-19-the-biggest-opportunity-in-crypto-asset-trading/articleshow/75913576.cms
https://cointelegraph.com/news/cryptocurrency-and-covid-19-bitcoins-path-to-a-safe-haven