RATE Group | Coronavirus: Bitcoin price surges 20% amid global market chaos
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Coronavirus: Bitcoin price surges 20% amid global market chaos

19 Mar Coronavirus: Bitcoin price surges 20% amid global market chaos

Posted at 19:32h in Bitcoin News by

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Cryptocurrency markets have seen a huge resurgence, causing the price of bitcoin to shoot up by more than 20 per cent in less than 24 hours.

The gains follow one of the worst crashes in the digital currency’s history, which saw it lose more than half of its value in a series of panicked sell-offs last week. The crash mirrored the fortunes of traditional markets and came amid global economic turmoil caused by the Covid-19 coronavirus pandemic.

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