[BeyondCC Daily Update] - 21 March 2020
Before coronavirus hit the west in late February, the world’s attention was focused on billionaires saving the world in Davos. This year saving the world involved three things: 1. artificial intelligence, 2. climate change, and 3. central bank digital currencies (CBDC). After the virus hit, we realized how dangerous banknotes could be and CBDC became an even hotter topic.Bitcoin Bumps Up, but for How Long?
Bitcoin (BTC) is up 1 percent in the past 24 hours of trading, currently changing hands at $6,224 as of 19:00 UTC. The world’s largest cryptocurrency by market capitalization may be trending below its 10-day moving average in price, but it’s still above its 50-day average, the signal of a continued upward trend.The Puell Multiple Is Turning Bullish on Bitcoin