In this article, we will review the March 12-13 crash in 2020 and what changed in the following two years.
Last weekend marked the second anniversary of the notorious COVID-19-induced bitcoin crash in which the asset dumped by 50% in a day to below $4,000. While many naysayers rushed to declare BTC’s death , the subsequent 24 months turned out to be quite positive, given the fact that the asset added another zero to its USD price, was adopted by numerous institutional investors, and even legalized in a country.It has been two years, but it almost feels like it happened a lifetime ago.
Yet, there was a looming threat that was only known to a few countries. Some unknown yet virus lurking around that supposedly came from a bat in the Chinese city Wuhan.
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