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Why Bitcoin and Stocks Went Wild During A Global Recession
When historians look back on 2020 and ask what will it be most known for, there are two stories they could tell. On the one hand, 2020 could be defined by a planet rocked by a pandemic that caused millions to die, and an economic fall out that will be felt long after a vaccine is rolled out. On the other hand, historians might say that 2020 was the year investors and their returns took off into the stratosphere. In particular, Bitcoin’s record-breaking price surge, and the American stock market, which has also hit levels never seen before. These stories are in many ways, two sides of the same coin. But what they ... (full story)
