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❕NEWS The recovery of the economy from covid-19 is being seen in the crypto market

AudraMiller

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When the corona virus pandemic first started there was a major hit to the economy globally and in fact there were many coins in the cryptocurrency world that had a huge decline in price. In fact there was a time that it was believed that recovery of these values may not be possible during such a pandemic. However, it seems that with the economies starting to recover from the pandemic, that there may be a light at the end of the tunnel. A recent article has shown that three of the blockchain projects that were focused on the supply chain, have actually increased in value by up 300%, showing massive rises. These include OriginTrail and Wabi.
 
The crash in the prices of coin at the onset of the pandemic could have been due to the fear and uncertainty being felt by investors and the world at large. However, as the days go by and more people began to find solace in online jobs, businesses and fun, we could clearly see the difference it had on Cryptos..
 
Yeah crypto currency have come for the rescue as It was helpful to reduce the inflation and unemployment rate been caused by the pandemic
 
Kudos to Cryptocurrency, it really served as avenue for people all over the world to have realistic chance of earning during the heavy part of the pandemic. If not for crypto, i wouldn't be making a dime online.
Yeah same with me too all i hope is for the government to just encourage the use of it , because for now crypto currency is the future i think
 
Very much the future our present world. All what we need from the government is their full support towards the right direction of Cryptocurrency.
Yeah this is true because the full support they have refused to shown is limiting the potential of crypto currency to have high impact
 
When the corona virus pandemic first started there was a major hit to the economy globally and in fact there were many coins in the cryptocurrency world that had a huge decline in price. In fact there was a time that it was believed that recovery of these values may not be possible during such a pandemic. However, it seems that with the economies starting to recover from the pandemic, that there may be a light at the end of the tunnel. A recent article has shown that three of the blockchain projects that were focused on the supply chain, have actually increased in value by up 300%, showing massive rises. These include OriginTrail and Wabi.
I think k there's improvement almost in all sectors now. Well, it really good to hear all of these and that things are going back to nolmacy now. Good to read this
 
You're also right. And the countries that is not in general acceptance of Cryptocurrency are the lower countries. Countries like Nigeria, Indian, and south Korea etc. The major countries knows the economic impact of Cryptocurrency that's why they stick to it.
Yeah i think the government is obvious the difference , because you cant compare their government structure to those ones you have listed i think , that's the case
 
The crash in the prices of coin at the onset of the pandemic could have been due to the fear and uncertainty being felt by investors and the world at large. However, as the days go by and more people began to find solace in online jobs, businesses and fun, we could clearly see the difference it had on Cryptos..
Exactly, when the pandemic hit it was a new thing for everyone, so it's normal panic might set in which is the fear and uncertainty that led to the fall in prices
 
In fact, during the last year 2020, the value of Bitcoin has grown by over 300%.
After the downward stroke at the end of March coinciding with the explosion of coronavirus pandemic, last year it had an "exponential" growth. But also the advent of US President Biden had a decisive positive impact for the end of the year.
 
Yeah the cryptocurrency industry has completely dominated the entire economy of the world in this pandemic situation. One or the other way it is like a revolution of economy.
 
Yeah but Crypto currencies seem to be least affected because it became the alternative means of investment to lots of Investors when the stock market was down.
 
Yeah but Crypto currencies seem to be least affected because it became the alternative means of investment to lots of Investors when the stock market was down.
Yeah the stock market was really down because the covid19 affected a lot of business that are just growing gradually and little by little i think
 
The Crypto currency market took big advantage of the pandemic to grow geometrically making it a market to reckon it as it is above $1 trillion by market capitalization.
 

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