Bitcoin Bounces, US Bond Yields Turn Negative – March 20

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$6,877

Bitcoin price has bounced back strongly over the last 24 hours, gaining over 24%.

Top-20 altcoins have also rallied powerfully, as Ethereum gains 24%, XRP 16%, and Bitcoin SV pumps a whopping 42%.

Top Stories for March 20, 2020 🔥

👉 Bitcoin Bounces, US Bond Yields Turn Negative

Bitcoin price has bounced back strongly from its recent plunge, in a recovery which correlates very strongly to drops in US 3-month and 6-month treasury bond yields.

Yields on the bonds have plunged into the negatives, as the outlook for bonds – formerly very reliable stores of value – turns very bleak for the near future.

👉 Steem Community Relaunches Under New Name to Exile Justin Sun

The Steem community has announced a move to relaunch the entire network under the new name of Hive – a fork of the Steem blockchain.

The Hive fork has been designed to preserve decentralization and remove the ninja-mined Steemit stake of coins, which was believed to be being mis-used by TRON founder Justin Sun.

Binance has announced that it will support the Hive airdrop.

👉 Former Bakkt CEO Accused of Insider Trading After Coronavirus Hearing

Kelly Loeffler, former CEO of Bakkt and Junior US Senator, dumped millions of dollars worth of stock holdings shortly after a closed-door congressional briefing on the coronavirus.

Loeffler emerged to be just one of several insiders who also sold stock holdings following the meeting, just a matter of weeks before equity markets tumbled amidst the virus panic.