Bitcoin has surged over 20% in the last 24-hour period after it started to decouple from the equities market. While most major U.S. indices are rising over government measures meant to help the economy, BTC is rising over concerns related to quantitative easing and its potential impact.
An Italian bank has launched a bitcoin trading service to its users amid the country’s lockdown meant to fight the COVID-19 pandemic.
Scammers have started impersonating the World Health Organization in a bid to steal bitcoin donations meant to fight the novel coronavirus. Addresses researchers found have so far been empty.
Top stories in the Crypto Roundup today:
- Bitcoin Surges Nearly 20% After Starting to Decouple From Equities Market
- Italian Bank Launches Bitcoin Trading Service Amid Lockdown
- Scammers Impersonate WHO to Steal Bitcoin Meant to Help Fight COVID-19
At the time of writing, bitcoin (BTC) is trading at $6,661.20 (19.78%) with a daily Top Tier volume of $5.61. As for ether (ETH), it is trading at $148.75 (19.65%) with a daily Top Tier volume of $3.65 billion. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 2,345.73 (10.25%).