Remember Covid-19? The virus that brought the world to its knees within months and some of the consequences can be felt four years later?
Well, it was this time in March 2020 when the World Health Organization declared the unknown virus that supposedly stemmed from bats in China as a pandemic. This led to a chain of events that harmed people’s lives, the global economy, and even relationships between countries.
We will stand aside from the health and economic effects of Covid-19 on the world’s population, and we will focus on Bitcoin instead. Because the primary cryptocurrency slumped hard four years ago today, and the nay-sayers were quick to dismiss it as a viable alternative asset. But they were too quick to judge (again).
What Happened Back Then?
The cryptocurrency market was already in a relatively tough spot as it was trying to recover from the 2018 bear cycle. 2019 saw some positive price movements, with BTC exceeding $10,000 briefly, but overall, the asset had stalled below
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