Bitcoin’s time to shine as Investor flee stocks amidst Coronavirus fears

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By  Sabyasaachi Karmakar
bitcoin
 The Coronavirus pandemic has not just taken lives. It has also crippled several economies worldwide. With investors rushing out of stock markets, Bitcoin could be looked at as a potential investment right now.





The whole world is grappling with the exponentially rising number of Coronavirus cases. As of the publication of this article, the number of cases worldwide has crossed 1.1 million people. The US tops the list with 290,692 cases. With no immediate cure in sight, this pandemic has devastated financial markets worldwide.
The Dow Jones recently recorded its worst decline in years. The story is the same with other stock markets around the world. The Indian BSE Sensex has reached 2017 levels. People are running away from stock markets and moving towards safer assets.


 

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