Crashes in Bitcoin (BTC) price continue. As of writing, the leading crypto asset, which was traded at $ 5,120, has not experienced such a collapse since 2013. Like the crash in Bitcoin, US stocks are having their worst days since 1987.
The recent downturn came just after hearing that US President Donald Trump was going to make a press release on the coronavirus. It was alleged that Trump would declare an emergency for the USA at a press conference.
On the other hand, the coronavirus test was positive in Brazilian President Jair Bolsonaro, who had a meeting with Trump last week. The White House started to act immediately after this news was heard. It is a big curiosity for Trump to follow the way he refused to give blood for testing in the past days.
Dow Jones Exchange started the day with a 6 percent gain and daily increase is 1.71 percent as of writing. After Trump’s announcement, both economic and social measures will be taken in the US, and markets will take positions. We will see how Bitcoin will follow in the coming hours.
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