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.
I doubt that such epidemic will cause a significant damage to cryptocurrencies, in general. The only scenario that I see that it will affect its price if most of the population or countries are affected by the virus and NO such cure has been released.
The virus may cause fear in the public and basically affect their lifestyle but I have some doubts that it will affect the market of cryptocurrencies. It will first affect the consumer markets which include products of essentials, etc. and employment before it affects cryptocurrencies.
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.
In a way it could increase bitcoin demand as people will avoid using cash and try to make contactless payments to minimize the exposure to this virus.
So in a way this deadly virus could work in favor of bitcoin(cryptocurrencies)
To be honest, I fear that the supply of our products in the supermarket will first to be affected if such virus affects most countries. I would first be worried on my own health before I think about my bitcoins.