Bitcoin BTC price going up

The Bitcoin price has risen 30 percent since the beginning of the year and, according to analysts, there’s a clear connection with the growing price and the corona virus, writes Bloomberg.
Several analysts speculate that the cryptocurrency may have become a new kind of safe haven for investors much like gold.  When the Chinese stock exchanges plummeted 8 percent on Monday, the bitcoin price temporarily went up to $ 9,600.
Nigel Green, CEO of financial advisory firm Devere Group, says that the bitcoin price clearly correlates with the spread of the corona virus.
 – The Bitcoin price is likely to continue to rise until the corona virus reaches its peak, he tells Bloomberg.

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