The current corona virus crisis has caused gridlock in global economy and left thousands of investors in doubts and shock.

The first three months of the year symbolizing the first quarter which ends on the 31st of march has saw Bitcoin 10% down.

Although, cryptocurrency do not trade on quarterly basis, it is important to stay updated with the market situation as it will help guide decision making.

So far from the beginning of March Bitcoin has dwindled between an average value price of $9000 and $4000. On Tuesday it traded within $6300 and $6500.

This according to experts has been recorded to be the deepest price volatility since 2017. The extent to which the present pandemic has/will affect the global economy, it will be expected that the fluctuation will continue to persist within the cryptocurrency market.

However, as we continue into the second quarter of the year, there is high hope that there would be a beneficial turn around in the market price as actions by the US Federal Reserve’s, Reserve’s bank of Australia and the European central bank has been having positive impacts on the blockchain giant.

Keep staying safe…