Coronavirus has drastically affected the entire financial market. Even the crypto industry could not escape from this dreadful pandemic. If we look at some of the previous stats, we will find that the price of Bitcoin fell from $10,500 to $4,679. Right after the sudden decline in the BTC price, numerous people had an increased interest in buying BTC. Luckily, the market has started recovering again, and, at the time of writing, BTC is valued at $9,110.
So, according to me, this is the high time to invest in the best buy & sell cryptocurrency platform and gain huge profit to secure your financial condition in this outbreak.
Furthermore, countries like India, USA, and Venezuela have also become receptive to cryptocurrency. Initially, these countries were against the adoption of crypto but are now legally embracing it. As per a recent survey, the popularity of cryptocurrencies is rapidly growing across the world. People are taking more interest to trade digital currencies. Moreover, Zimbabwe’s government appears to be interested in legalizing digital currency to improve its financial status.
So, if you also want to thrive in the crypto market, especially during the current financial crises, Bitcoin and Ethereum are some of the best cryptocurrencies to invest in 2020