18 Apr Cryptocurrency News Roundup for April 14, 2020
The International Monetary Fund (IMF) published a new forecast Tuesday predicting that the coronavirus-induced global economic slowdown will get much worse from here before getting any better.
Given Bitcoin
BUY NOW’s record correlation with traditional markets, the IMF forecast has now cast serious doubt over the much-anticipated post-halving Bitcoin bull run. Judging by past trends, the only way for the benchmark cryptocurrency to steer clear of danger is to break away from traditional markets and move in-step with gold.
Perhaps, only then will Bitcoin be able to live by the more bullish forecasts that call for reaching all-time-highs in September 2020.
Meanwhile, in other important cryptocurrency news from Tuesday:
Bitcoin Halving Searches on Google Are at an All-Time High
New data from Google shows that search volume involving the keyword ‘Bitcoin halving’ is at an all-time high, indicating that retail interest in the milestone event is soaring. However,…