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Bitcoin News Roundup for March 24, 2020

Will the US launch a digital dollar? And what happens to racers when they can't race? Find out on CoinDesk's Markets Daily podcast.

Updated Sep 14, 2021, 8:22 a.m. Published Mar 24, 2020, 4:00 p.m.
MD FEB 27 RELEASE

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Today's Stories:

Bitcoin Marches on $7K as Traditional Markets Cheer Fed's QE 'Bazooka'

‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill

Kinsa's fever map could show just how crucial it is to stay home to stop COVID-19 spread

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Long-Festering DeFi Dapp Bug Still Not Fixed by Industry

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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

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Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

What to know:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.