The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
@NNRR the news of this virus spreading has spooked investors who believe that global economies shall take a hit, which in turn may lead to long periods of recession in many countries. It is due to this sudden fear many investors are rushing to purchase bitcoins and gold, and due to this sudden purchase bitcoin prices have shot up.
Source:
https://www.newsbtc.com/2020/01/27/strong-bitcoin-rally-sparks-fears-of-a-virus-driven-violent-recession/