Post
Topic
Board Altcoin Discussion
Re: corona virus & bitcoin market
by
m0nk3y_m1nD
on 29/01/2020, 22:11:45 UTC
My guess is it is because the stock market has moved downwards. It is common for cryptocurrencies to act bullish whenever the stock market is bearish. Having said that, the Wuhan virus allegedly affects the stock market and other commodities. I found this on the web https://www.nytimes.com/2020/01/28/business/coronavirus-financial-markets.html

addendum: I found this article first thing in the morning. https://www.coindesk.com/bitcoin-rallies-to-near-9150-as-stocks-drop-over-coronavirus-fears