Bitcoin Ends The Week Bullish Above $9000, Despite Global Markets’ Crash: The Crypto Weekly Market Update

View in browser Weekly Crypto Market Update BTC $9,080 | ETH $238 | XRP $0.242 | Total Market Cap: $261 Billion This week has been somewhat positive for the cryptocurrency community. Starting with Bitcoin's price, which began trading at $8,600 but, since then, it has risen to the current stance of above $9,000. Following its increase, Bitcoin is starting to escape the correlation it recently demonstrated with the traditional financial world markets. As the coronavirus outbreak keeps expanding into new territories, the stock market struggles again. Despite recovering slightly at the start of the week, the Dow Jones Industrial Average noted a 600 points drop during today's opening. The S&P 500 futures and Nasdaq-100 futures are following tightly with steep losses. Price aside, good news came this week from two Asian countries. Firstly, the Supreme Court of India lifted a 2018 RBI ban on cryptocurrency usage in the country. South Korea also made a considerable step to adopt virtual assets as they have recently been legalized. Read The Full Market Update Price Analysis Overview of Bitcoin, Ethereum, Ripple, Tezos, and Chainlink This week we've taken a closer look at the performance of Bitcoin, Ethereum, Ripple, Tezos, and Chainlink. For an in-depth look, read more.  Fed Rate Cut Boosted The Value of Bitcoin The global markets continue to decline, despite Fed's rate cut. Here are two possible reasons why the Fed rate cut boosted the value of Bitcoin Read more. The Surge Of The Indian Tokens Following the crypto ban lift, India-based Matic Network and WazirX exchange token already feeling the positive effects. Read more.  91 Maritza, Plovdiv Bulgaria You received this email because you signed up on our website or made a purchase from us. Unsubscribe