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Bitcoin Price Volatility Symptom Of Liquidity

In March 2020, major stock market indexes saw some of the worst price collapses in decades, as markets confronted the realities of the COVID-19 pandemic. Bitcoin was no exception to these financial strains. Having traded as excessive as $10,000 in mid-February 2020, bitcoin’s worth collapsed to under $4,000 by mid-March, together with a 30% drop in a day.

Fear prompted a flight to money in throughout the board, from home to worldwide merchants, large-cap to small-cap belongings, gold to bitcoin. Markets fell, and bitcoin did too.

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