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Global demand for crypto continues to skyrocket: What’s behind this trend? Global demand for crypto continues to skyrocket: What’s behind this trend?

Global demand for crypto continues to skyrocket: What’s behind this trend?

Considering Bitcoin fell by nearly 50 percent during a single day in March, it may be easy to assume that interest in the cryptocurrency market is low; this would make sense, for a multi-billion-dollar asset to lose half of its value within a day would normally send consumers running for the hills.

Global demand for crypto continues to skyrocket: What’s behind this trend?

Cover art/illustration via CryptoSlate

Considering Bitcoin fell by nearly 50 percent during a single day in March, it may be easy to assume that interest in the cryptocurrency market is low; this would make sense, for a multi-billion-dollar asset to lose half of its value within a day would normally send consumers running for the hills.

But interestingly, data shows that demand for Bitcoin and other cryptocurrencies is truly on the rise.

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