Bitcoin news today (March 20): A strong rally but not sure | Money Blog

Hard climb slope

Bitcoin price in today's session increased to $ 6,700, along with bitcoin other altcoins also increased sharply, many coins recorded a two-digit increase.

But despite the rebound over the past hours, prices Bitcoin has not shown signs of reversal, the sharp decline of the previous week has not been overcome.

Bitcoin price movement over the past 24 hours

Over the past 24 hours there have been many new corrections, with the highest bitcoin price recorded at $ 6,788 and the lowest at $ 5,578.

Today's bitcoin exchange rate (March 20) at 18h20 is at $ 6,820, up 19.88% from the previous 24 hours.

The market capitalization of bitcoin increased to 122.08 billion USD, the market dominance rate (market share) of bitcoin increased to 65% - according to BTA's bitcoin exchange rate (https://blogtienao.com/ty-gia/BTC/bitcoin/).

Bitcoin exchange rate

On the market, 98/100 cryptocurrencies have increased in price compared to the previous 24 hours. In which most of the increase over 20%.

Overview of the cryptocurrency market

In the top 10 digital currencies, all increased sharply compared to the previous 24 hours.

Top 10 cryptocurrencies by market capitalization

The total market capitalization of the digital currency recorded at 18h20 at USD 187.95 billion, an increase of USD 36 billion compared to the previous 24 hours.

Total market capitalization of cryptocurrencies

The 24-hour trading volume improved, recorded at 185.65 billion USD, up 63 billion USD compared to March 19.

Along BTA review the news available in the day, the content in the article will be updated as new news ..

Italy Bank opened bitcoin trading to 1.2 million people in the context of the widespread Covid-19

The popularity of cryptocurrencies and the rapid spread of COVID 19 has led Italy's Banco Sella bank to open bitcoin trading services.

Cryptocurrency trading is conducted through the bank's Hype platform, in which the bank plays an intermediary role in countering the potential risks of digital currency exchanges.

With both the country closed and everyone stuck at home, the bank is focusing on investing in Bitcoin's need for safe international money transfer intermediaries in times of crisis.

About 1.2 million Italians are using Banca Stella's Hype to process transactions. In addition, they can buy and sell bitcoins and pay for goods and services in cryptocurrency.

Opportunities in crisis

On March 19, Yu Jianing, Rector of Huobi University, spoke directly about the topic of Global Financial Crisis, how to use the new thought of blockchain to turn crisis into opportunity. He commented:

Without the 2008 crisis, there would be no birth of bitcoin and once again without the financial crisis of 2020, there would be no prosperity of bitcoin.

Should sell cryptocurrencies at this time

According to the host of the Magic Internet Money Podcast - Brad Mills: If you haven't taken the money off the table yet, I don't know what you're waiting for. Monday (market) will not be good, ... -7, -13%, -20% and everyone will go home ....

In the second short tweet, the person wrote: Yes, Bitcoin will bounce again before this is over. Consider selling more at this time

However, Ripple's CTO spoke back on the idea of ​​selling cryptocurrencies at this time.

Specifically, Ripple CTO David Schwartz said: If you took it off the table, where would you move them? Bond funds are also risky, money market cannot avoid the risk, is the bank safer?

Impersonating WHO, fraudulently steals the amount of bitcoin donated to COVID-19 crisis

As the number of Covid 19 infections is increasing every day, the online fraud component also turns to digital currencies such as bitcoin to steal money in the name of a global pandemic.

According to cybersecurity firm Sophos, some cyber criminals are now pretending to be WHO to steal digital money contributed against the Covid-19 pandemic.

Governments also issued warnings about digital currency scams related to the Covid epidemic. On March 11, the UK Financial Authority issued a warning about frauds about the Corona virus. The agency wrote: Watch out for fraud related to the Corona virus (Covid-19). These scams come in many forms and can talk about insurance policies, pension transfers, or high-profit investment opportunities, including investing in digital money.

*updating…

Bitcoin news today (March 20): A strong rally, but uncertain

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Nguyen Diep

My name is Nguyen Manh Cuong. I was born in a poor village in Ba Vi district, HA NOI province - windy and sunny land. Currently

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