Coronavirus crisis has a destructive impact on the global economy, including crypto
According to CoinMarketCap, almost all of the 100 leading cryptocurrencies faced a downfall because of coronavirus and the overall worldwide economic crisis.
For instance, at the time of writing, Bitcoin had dropped by 24.25%, meaning it is worth now approximately $5,954.
In addition to that, Ethereum and Ripple’s XRP token have dropped by nearly 33% and 24%, respectively.
However, among those 100 cryptocurrencies, only 6 have managed to face a slight increase, including Tether with 0,02% and USD Coin having a 0,31% rise.