Re: The Fed Cuts Interest Rates as the Virus Spreads

Quote from: davis196 on March 06, 2020, 07:04:59 AM

Quote from: allthingsbtc on March 04, 2020, 03:09:03 PM

The Fed Cuts Interest Rates as the Virus Spreads https://bravenewcoin.com/insights/will-an-interest-rate-cut-push-investors-into-bitcoin
How the effects of the global coronavirus epidemic will play out in the crypto markets remains to be seen but as digital gold and as an alternative currency, bitcoin looks well-positioned to withstand the potential storm ahead.

As quoted above -BUT! Despite the instances of pullback, is the downside move primarily fueled by Coronavirus fears?

How many Americans are confirmed with coronavirus?AFAIK,there are 230 confirmed cases.Is this a lot?No.

Not that related to this but I just noticed. USA had 14 deaths and 240 confirmed cases. That is far away from ratio of other countries. Switzerland have one dead and 214 confirmed cases. South Korea have 43 dead and 6593 confirmed cases. Something is not right with USA. Or medical care of confirmed is not good enough or there are many more confirmed cases than the ones reported.