What Happened in the Crypto Money Market in 2020?

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As we approach the end of 2020, it has been a year in which important developments in crypto money have been experienced all over the world.

Black Thursday

As the effects of the coronavirus continued to spread all over the world, as of March 12, there was a great collapse in all markets. The cryptocurrency markets were also affected by this. There were record crashes in Ethereum and other altcoins, especially Bitcoin. As a result of all this, March 12, 2020 went into crypto currency history as "black Thursday".

Kucoin Hack

On September 26, 2020, KUCOIN was defrauded by a massive hacking attack and lost 281 million in value. Later, it was announced that 236 million dollars of these money was saved and the rest was lost.                                                                           

Crypto Money Move From PayPal

The worldwide used payment company PayPal entered the cryptocurrency market in 2020, allowing its users to buy, sell and hold Bitcoin and other cryptocurrencies. In addition to Bitcoin, other cryptocurrencies, Ethereum, Bitcoin Cash and Litecoin will be used in PayPal.

Reaches the Highest Level in Bitcoin History!

Bitcoin, the leading crypto currency, managed to reach the highest level in its history after 3 years. BTC accordingly managed to cross the $ 23,500 level, reaching its highest level in history at $ 23,642.

Regulation and Society adoption

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