RATE Group | Coronavirus Influences Trading within the Cryptocurrency Market
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Coronavirus Influences Trading within the Cryptocurrency Market

01 Mar Coronavirus Influences Trading within the Cryptocurrency Market

Posted at 15:16h in Cryptocurrency News by

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Mar 01, 2020 at 12:24 // News

Coronavirus impacts cryptocurrency trading

The Cryptocurrency market is changing following the onset of the deadly coronavirus virus ‘Pandemic’ which started in late 2019. Data indicates a significant shift in the trend of trading with the cryptocurrency markets for periods before the outbreak of the coronavirus and periods after the outbreak of the virus.

Coronavirus Causing a Shift of Trade in the Cryptocurrency Markets


Cryptocurrency markets have faced increased volatility since the outbreak of the deadly coronavirus. According to the
World Health organisation, the COVID-19 strain which was first reported in China has spread to very many parts of the world crippling economic activities and causing lockdowns in many big cities.


The
CDC and the WHO are now facing fears that the virus could spread and cause a pandemic…

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