Japanese Investors Rushed To Buy The Dip After Bitcoin Bloodbath

Cointelegraph

Published Mar 26, 2020 12:32AM ET

Updated Mar 26, 2020 02:20AM ET

The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath.

The March 12 meltdown saw the price of Bitcoin (BTC) drop to a new 2020 low at $3,775. An official blog post by bitbank market analyst Yuya Hasegawa reveals that Bitcoin trade volume and account registrations both saw a significant surge in the wake of the crash.

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