Stock and crypto markets’ stagnation continues after the Catholic Easter

[vc_row][vc_column][vc_paragraph text=”Crypto and stock markets are facing significant difficulties after the Easter holidays since both of them are trying to cope the pandemic consequences in the USA.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Dark days for DOW and crypto” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Investors usually try to search for a way to evaluate possible risks but considering the current uncertainty and extent of damage for the US economy, crypto and stocks are becoming highly volatile due to fear and panic.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”At present, over 119 thousand of people have died because of the coronavirus, and USA is one of the most affected countries.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Thus, as the economy still hasn’t managed to recover from lengthy blocks and strict protocols for social distance, it seems that all markets should prepare for worse days.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”It is reported that despite Dow Jones Industrial Average declined for more than 300 points, NASDAQ, on the contrary, gathered 0.5% just a few minutes before the market closed. This was the only positive news for both stock and crypto.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The crypto industry was also badly affected. It has lost about $3 billion, and $10 billion in total since the Easter weekends. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The price of the largest and most popular crypto coin regarding market capitalization and dominance – Bitcoin – has declined by 6% over the 24 hours.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Other major coins like Ethereum, the second largest crypto along with EOS and Bitcoin Cash, lost almost 8% of their value after they had decreased by 6%.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Meanwhile, oil prices also show mixed trend falling to 22 dollars a barrel, although at the beginning of the day it traded at a price below $24.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Stimulus package – ray of hope?” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”959″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”A deeper view of market for goods, stock and crypto suggests that the reason for their volatility is the destructive impact of coronavirus that will last for long.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Although the US government has begun to spread its stimulus package among increasing number of families that will get”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”financial assistance in the next few weeks but it is still unclear when the economy starts its recovery.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Nevertheless, some of the most affected regions like New York, New Jersey and other north-eastern states, have started to ease restrictions, and this is a sign of possible rehabilitation.”][/vc_column][/vc_row]