RATE Group | Worldwide cases surge as Americans turn to Bitcoin with their stimulus package
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Worldwide cases surge as Americans turn to Bitcoin with their stimulus package

Worldwide cases surge as Americans turn to Bitcoin with their stimulus package

  • Americans interest in Bitcoin and other cryptocurrencies grows amid the COVID-19 pandemic.
  • Americans are receiving a monthly stimulus package to cushion them against the COVID-19 effect on the economy.
  • Coinbase and Binance US exchanges have confirmed a surge in activity for transactions of exactly $1,200.

The world is conforming to the ‘new normal’ as the fight against the Coronavirus continues. People around the world are either in total lockdown, partial lockdown or restricted movement. All these measures are being put in place to prevent the spread of the highly infectious COVID-19 disease.

Worldwide, the cases of the disease have hit 2.4 million. The good news is that 646,854 people have recovered, in other words, tested negative for COVID-19. Unfortunately, 170,436 people around the globe have lost their lives to this disease.

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