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CMT Digital Head Says BTC Trading Still Strong Despite Global Conditions

Source Node: https://cointelegraph.com/news/cmt-digital-head-says-btc-trading-still-strong-despite-global-conditions
Time Stamp: April 1, 2020 6:35 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen.“Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. “Volatility and volumes saw an uptick as BTC sold off with the traditional markets but high volatility is nothing new in Bitcoin.”Koeppen also referenced the problems seen on exchanges around the time of Bitcoin’s massive drop between March 11 and 13, noting that this is “nothing new” in the

Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up

Source Node: https://cointelegraph.com/news/bitcoin-and-visa-transactions-plunge-but-pizza-deliveries-are-up
Time Stamp: April 1, 2020 3:22 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions.With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. Yet with unemployment on the rise and an uncertain economic future, it seems consumers want to save their money rather than spend it.Bitcoin transactions rivaling those during crypto winterThe crypto market is not exempt from this