Quote from: koang on Today at 11:38:49 AM

Quote from: NewRanger on Today at 06:35:29 AM

its very contradictive between crypto market and our economic life. many government trying the best effort to market their country save from recesion but in other place we see looks like many people invest their money into cryptocurrency market , its indicated on crypto market capitalization . in one hand we confuse to survive in real life , but in other hand we see digital market growth alot.

The high interest of investors to invest in crypto because Bitcoin is considered the safest investment at this time, apart from gold.
Investing in both is an effort to secure wealth from the threat of a global economic recession.
And the high demand for Bitcoin from the US triggers an increase in prices, this high demand is driven by the OCC statement
that allows banks in the US to provide cryptocurrency custody services for customers.

investors start comparing between cryptocurrency especially bitcoin supply and fiat supply. when US government announced infinity money to save their country from corona attack , profesional and amateur investors comparing this point. and in my opinion this is be main reason why looks like crypto as safest portofolio and market smoothly growth again.