A Blockchain Marketing Firm Launches Charity Donation for Coronavirus Victims and Bitcoin Price Hits $9,523.
Published on: 02/3/20 10:13 AM
Bitcoin price has hit a new high in 2020 amidst a general bullish cryptocurrency market in the fifth week of January 2020. Meanwhile, Krypital has launched a charity donation to help provide more supplies to the deadly coronavirus victims in Wuhan, China, following a sporadic spread of the virus. Forex Broker comparison service FXBrokerFeed brings you the latest news bites and trends in the FX Broker Market, featuring Krypital’s charity donation launch and BTC/USD price surge.
Krypital Launches Charity Donation for Coronavirus Victims
Krypital, a blockchain marketing firm, has launched a charity donation to help get more supplies for the victims of the dreaded coronavirus in Wuhan, China. Also, the spokesperson for the company stated that there is an ongoing recruitment process to recruit volunteers to support relief efforts.
The World Health Organisation (WHO) declared coronavirus
global health emergency, following the increasing number of cases reported across the world and the rising death toll. It was reported on Thursday, 30th January 2020, that over 200 victims had died already.
According to the spokesperson for the company, Krypital goal is to create a donation system that is based on blockchain technology. The company believes that it will enhance efficiency and transparency.
BTC/USD Hits New High in 2020
The cryptocurrency market has been generally bullish all week, with BTC/USD
hitting a new high in 2020. The crypto pair, which is currently trading above $9,400, hit the $9,523 price mark earlier in the week.
Toy Vays, a former trader at the Wall Street, said “Bitcoin price is likely to rally further up but will get rejected above $9,700.” According to him, the rejection will see the price reach a low of $7,900 before the price will rally past the $10,000 mark.
Other big gainers in the cryptocurrency
market this week include Bitcoin Cash, Ethereum Classic, Bitcoin SV, IOTA, and Dash.
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