Bitcoin’s price and market cap nearly halved on 12 March amid the COVID-19 pandemic, but merely days after the massive loss, Bitcoin seems on its way to recovery.

As of 19 March 2020 – just a week after the massive crash – Bitcoin recovered about 18% of its value with its price shooting up to $6,250 and closing at $6,191.19.

Despite worries that Bitcoin’s revival may be short-lived, Messari researcher Ryan Watkins believes that the movement a signal that Bitcoin is far from dead.


Please enter your comment!
Please enter your name here