TechFlow news, on the evening of November 23, Reuters reported that demand for risk assets has driven Bitcoin higher amid unprecedented economic stimulus measures aimed at countering the damage caused by the COVID-19 pandemic. As governments and central banks have fully shifted into stimulus mode, Bitcoin has gained favor among investors due to its perceived inflation-resistant properties.
The article also stated that Ethereum, like Bitcoin, is primarily popular among speculative traders and has seen little mainstream adoption.
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