Covid-Induced Social Isolation Drove Cryptocurrency Investment Up 75 Per Cent
June 25, 2024
June 25, 2024
BRISBANE, Australia, June 25 (TNSres) -- The Queensland University of Technology issued the following news:
Lockdowns during the COVID-19 pandemic saw an exponential rise in cryptocurrency investments which was partially driven by the stress of social isolation, QUT researchers have found.
* Study looked at prolonged social isolation and increased risk-taking
* Shift to cryptocurrencies saw Bitcoin price rise 700 per cent - March '20 to March '21
Lockdowns during the COVID-19 pandemic saw an exponential rise in cryptocurrency investments which was partially driven by the stress of social isolation, QUT researchers have found.
* Study looked at prolonged social isolation and increased risk-taking
* Shift to cryptocurrencies saw Bitcoin price rise 700 per cent - March '20 to March '21