Bitcoin and altcoins benefit from the Federal Reserve’s attempt to combat the economic downturn brought about by COVID-19
Source: https://cointelegraph.com/news/bitcoin-price-tops-59k-as-fed-cuts-interest-rates-to-0-restarts-qe
Bitcoin Price Tops $5.9K as Fed Cuts Interest Rates to 0%, Restarts QE
March 16, 2020
CoinTelegraph