Bitcoin Cash (BCH) is in a downtrend, but is making an upward correction. The price of the cryptocurrency has risen above the moving average lines. However, the cryptocurrency is stuck below the 50-day line SMA.
The currently prevailing political war between Russia and Ukraine required faster preparation of the respective citizens for emergencies. People have withdrawn their money from ATMs and are therefore cashless. At the same time, they cannot join the queues at the banks to collect their money from the counters, so they are in a state of helplessness.
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eCommerce is one of the most rapidly expanding sectors within the global economy with a forecasted growth of 25% CAGR over the next five years. The desired sub-industry in the sector is hyperlocal last mile delivery. This is essentially localized home delivery in less than 60 minutes.