The world economy has lost a lot over these two years of unprecedented measures to combat the coronavirus pandemic. Moreover, the measures were so harsh and often meaningless that sometimes it seemed that the collapse of the economy was happening with some intent. Therefore, a global economic crisis is inevitable. I even want to see how Bitcoin and other decentralized cryptocurrencies will behave during such a global crisis, because I am sure that the cryptocurrency and the people who have invested their funds in it will only benefit. After that, the popularity of cryptocurrency should skyrocket.
Right now as the situation is going I am also feeling we are on verge of big collapse and going to be some serious economy crisis in near future because too much chaos around. But bitcoin price is doing good which is still good hope in this all darkness. Because, if governments going to print notes for avoiding this all, then surely it's going to be bitcoin as really the best choice for them.
It was observed that all stock markets fell, even bitcoin suffered, but the bitcoin market followed by gold, were the markets that recovered in quick time. Bitcoin has become one of the best havens for people to store their money, even it might still volatile.