Post
Topic
Board Bitcoin Discussion
Re: Does the epidemic have a big impact on Bitcoin?
by
Hippocrypto
on 28/07/2021, 23:52:25 UTC
One thing I am sighting here with the pandemic is the cashless payment alternative of money, so people had the options to convert their fiat to digital currency. From the start of the lockdown most local fiat exchange didn't have a usual business activities, that's why we experienced huge impact when bitcoin abruptly increasing in demand.
Also with the trading, buy and sell activities increased so fast that's why we reached at an ATH of $60k this year.