Daily Post Nigeria
Published
This year has shaken many industries, but crypto has actually seen immense growth and investor interest since the outbreak of COVID-19. With Bitcoin hitting a new all time high of nearly $20,000 crypto remains one of the few industries that managed to thrive in the economic downturn the pandemic has brought.
While the virtual coin has previously recorded big gains followed by steep declines, experts argue that this time may be different, as the currency not just broke key resistance levels, but has also sparked interest among corporations, investors, and financial institutions, giving Bitcoin a further boost. More than ever before, it has become common to hear major financial institutions warming up to Bitcoin and start embracing it.