RATE Group | More Industry Players Weigh in on Bitcoin’s Path Once Businesses Reopen
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More Industry Players Weigh in on Bitcoin’s Path Once Businesses Reopen

More Industry Players Weigh in on Bitcoin’s Path Once Businesses Reopen

Industry players said Bitcoin’s (BTC) price could be impacted once U.S. governing bodies lift COVID-19 prevention measures, such as stay-at-home orders and business closures.   

“When the world economies begin to recover and come back online after printing, in the case of the U.S. government trillions of dollars, Bitcoin will most likely become more bullish than we’ve ever seen it,” Metal Pay CEO Marshall Hayner told Cointelegraph in a message, adding:

“Altcoin markets with solid foundation and utility with strong usage will potentially move beyond previous heights as we will begin to see the first large crypto banking platforms like Metal Pay, Facebook, and others emerge with the advent of the US Treasury backed digital dollars.”

Economies sidelined for weeks

In an effort to halt the spread of the coronavirus, much of the globe has remained at home over the past several weeks, with many businesses closed. As the U.S. evaluates a path forward, other nations are 

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