COVID-19 was the catalyst for launching the BTC global adaptation trigger. Bitcoin can play an important role in the future of the global economy and achieve global distribution. That is, the digital currency can become an intermediary in future global trade. Earlier this year, BNY Mellon announced that it would invest heavily in bitcoin on behalf of its customers.
The favorable environment makes cryptocurrencies an attractive investment for most. And accelerated adoption of digital currencies is just around the corner. At a time of pandemic and inflation, this is pushing investors to turn their eyes to BTC and other digital assets, as it provides higher returns compared to the returns offered by bonds and other investment vehicles.
More and more organizations are keeping up with the progress of bitcoin, so the price of BTC has increased by more than 95% since the beginning of the year. To be more precise, bitcoin prices have been going up again over the past few days and it is now trading at around $60,000 per coin.
According to many analysts, bitcoin will have to face major hurdles and corrections before it becomes truly globally popular. Instability and lack of regulation are still the main stumbling block.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.