In the morning, US President Donald Trump made statements about the new type of ‘coronavirus’ and described the measures his country took.
Addressing its citizens from the Oval Office, Trump cryptocurrency market fell sharply hours after announcing that all travels from Europe to the US were suspended for 30 days from Friday night.
On March 12, 2020, a date that can be recorded as “Bloody Thursday” for the crypto market, $ 68.61 billion was deleted from the market in a short time like 30 minutes.
The drop was considered as usual but unexpected and harsh as Bitcoin, Ethereum and other cryptocurrencies closely follow the trend in the global markets. On the other hand, gold, which is considered as a safe haven in the times of global crisis, has not been able to make its expected rally either.