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Bitcoin (BTC) was trading higher on Mar. 2 after a lackluster weekend saw markets fall below $8,500 for the second time in a week. Data from Coin360 and Cointelegraph Markets showed slightly more promising conditions for BTC/USD as Monday began, the pair trading at around $8,600. 24-hour lows had reversed at $8,465, but compared to the start of last week, Bitcoin was still down by more than 11%. Coronavirus continued to weigh on sentiment, with its spread around the world stalking traditional markets. As Cointelegraph reported, last week, the Dow Jones saw its biggest daily drop in history, while gold shed more in a day than on any other since 2013. Even Nouriel Roubini, the economist known as “Dr. Doom” for, among other things, his highly negative stance on Bitcoin, expressed major concern. In an interview with German news magazine Der Spiegel on Thursday, Roubini said the coronavirus crisis was “much more severe for China and the rest of the world than investors have expected.” “Everyone believes it’s going to be a V-shaped recession, but people don’t know what they are talking about,” he added. Please follow me for more cryptocurrency news & educational content. Source: Cointelegraph News Important: I don't own copyrights, this is for EDUCATIONAL PURPOSES ONLY. I do not own ANY of the soundtrack, property and rights for audio/ video go to the OWNER. If any content owners would like their images/video removed, please message me and I will do so. No copyright infringement intended. Copyright reserved to the respected owner(s) of this video and copyright parties.

Please follow me for more cryptocurrency news & educational content. Source: Cointelegraph News Important: I don't own copyrights, this is for EDUCATIONAL PURPOSES ONLY. I do not own ANY of the soundtrack, property and rights for audio/ video go to the OWNER. If any content owners would like their images/video removed, please message me and I will do so. No copyright infringement intended. Copyright reserved to the respected owner(s) of this video and copyright parties.

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