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Cryptocurrency has become a popular destination for a few investors and the Bitcoin is the biggest attraction among the crypto coins. Since the time of Covid pandemic Bitcoin price has gone up by more than whopping 1000 per cent, as per a the bursting of some bubbles and the collapse of crypto exchange FTX, which left the industry reeling, the value of Bitcoin has increased by 1,233 per cent since December 2019, as people looked at new investment opportunities to cut the risk of market volatility, Reuters at home and with more cash on hand, people also began investing more, with roughly 27 per cent of total U.S. equity trading coming from retail investors in December 2020. Stockbroker TD Ameritrade took the biggest slice of the cake before being acquired by Charles Schwab in a $26 billion deal, as per the Reuters platform which gained popularity during the retail trading boom of 2021 is Robinhood, which became the platform of choice for people to pump money into meme stocks, the report years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. COVID-19 and efforts to contain it triggered record government debt, hit labour markets and shifted consumer behavior, as per the report. Five years on, some pandemic-era gainers have lost most of their appeal, but others have enjoyed lasting gains as new markets enabled by the digital shift have opened up, Reuters reported.FAQsQ1. Which is the biggest Cryptocurrency?A1. Bitcoin is the biggest Cryptocurrency.Q2. Which crypto exchange did collapse?A2. Crypto exchange FTX collapsed.
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