RATE Group | Sports Betting Among Top Uses for Cryptocurrency in 2020
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Sports Betting Among Top Uses for Cryptocurrency in 2020

12 Feb Sports Betting Among Top Uses for Cryptocurrency in 2020

Posted at 16:51h in Cryptocurrency News by

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We are in a brand new year and a brand new decade.

Things are happening fast and it’s hard to believe that we already have a full month under our belts in 2020.

Since last year, BTC has made a bullish climb –as much as 40% over the last six weeks. Cryptocurrencies are more popular than ever. The fairly complex ideas behind cryptos and blockchain are no longer esoteric meditations. Bitcoin, Litecoin, Etherium, and xRipple are now household names.

But for what are the reasons to trade in these digital currencies?

Investment Safe-Haven

Right now, BTC has seen a massive value increase due to the current economic uncertainty across the globe. We have the dollar declining and interest rates low – even negative in some cases– due to the Federal Reserve’s recent cuts. Britain has pulled itself out of the European Union causing significant question marks surrounding their economy and how it will affect the Euro. And we have the latest epidemic outbreak: the Wuhan coronavirus that has…

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