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Coronavirus Fears Fuelled Bitcoin Losses In February
Concerns surrounding the coronavirus, which has been declared a pandemic by The World Health Organization, helped drive bitcoin lower last month, in spite of various bullish factors that helped provide tailwinds earlier in February. The digital currency rose nearly 13% during the first few weeks, climbing from $9,388.88 at the start of the month to $10,598.03 on February 14th, CoinDesk figures show. Analysts cited multiple factors as causing these gains, including anticipation surrounding the upcoming halving, as well as Lightning Labs raising $10 million in order to grow its payment network. Some market observers ... (full story)
