RATE Group | Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
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Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms

20 Mar Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms

Posted at 16:00h in Bitcoin News by

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Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms

On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well. As the coronavirus outbreak has been pushing investors worldwide toward hard cash, BTC gained 11% and BCH jumped 18% during the last day.

Also read: The 35 Most Influential Bitcoiners Dominating Crypto Twitter by Follower Count

Crypto Prices Push Higher, Erasing Some of Last Week’s Losses

Digital currencies are showing some resilience during a worldwide pandemic that has triggered a turbulent economy in every nation. When cryptocurrency trading sessions started during the early morning hours of March 19, BTC was swapping for $5,300 per coin. Since that point, however, BTC prices started gradually moving northbound and by 8:30 a.m. EST, BTC was trading for…

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