Trading in the cryptocurrency Omicron exploded Monday and its value gyrated after the World Health Organization decided to use that name for the latest variant of COVID-19.
Obscure and relatively stable in recent weeks, the virtual unit jumped to nearly $700 early Monday, about 10 times its previous value, according to the crypto news website CoinMarketCap.
It later fell to $152 before rebounding and stabilising at around $350.
The WHO on Friday gave the name Omicron to the latest variant of the coronavirus to worry officials,…
News Source: https://techxplore.com/news/2021-11-cryptocurrency-omicron-frenzy-covid-variant.html