Bitcoin was having a perfectly positive 2020, even drawing comparisons to physical gold and safe-haven assets before the coronavirus hit markets around the world. Today, as President Trump announced travel restrictions for European countries, followed by Saudia Arabia, both, stock markets and Bitcoin took a nosedive.
The leading digital currency was trading around $10,000 by mid-February before it started sliding, but today, March 12, 2020, Bitcoin is witnessing a $2,000+ candle, bringing it down from around $7,800 to $5,800.
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