(1) - Financialnewsmedia.com News Commentary PALM BEACH, Fla., March 11, 2021 /PRNewswire/ -- Bitcoin was the first and is still most well-known cryptocurrency. People were skeptical at first but the cryptocurrency tidal wave hard to ignore! Despite Bitcoin being well known amongst traders for its price swings, many believe that this leading digital currency is here to stay. The beginning of the pandemic immediately sparked rumors about a new financial crisis hitting the globe with all its might. Indeed, nobody knew how long it would take the world to combat COVID-19. The government started the money creation process, and the US dollar index slid to the lowest level for the first time in the past few years. As the market hates uncertainty, the whole world froze, awaiting election results. Stock market and gold prices dropped again as a natural response to the election season, and everyone expected Bitcoin to follow the same falling trend, but it didn't. A recent report from an industry watchdog, HackerNoon said: "Money 'printing' pumped up the economy to keep markets functioning. Yet nobody seemed to be thinking of the long-term consequences. The risk of inflation forced investors to start looking for other, more reliable assets to allocate their funds. Here's where Bitcoin came to the rescue. Its price skyrocketed even more, compared to traditional financial markets. And that was just the beginning. As investors always keep looking for new opportunities, while the stock market and gold didn't promise much return, it became a unique asset with huge potential." Active companies with recent developments in the Tech Industry include: