Post
Topic
Board Bitcoin Discussion
Re: Bitcoin declined 3% as the coronavirus spread in italy
by
XCANA
on 10/03/2020, 10:25:12 UTC

https://cointelegraph.com/news/bitcoin-traditional-markets-drop-3-as-coronavirus-spreads-in-italy

As the coronavirus spread in Italy recently, bitcoin market has dropped 3% and also the traditional market including all the top ranked cryptocurrencies. Can coronavirus spreading be the cause?


Basically, the traditional market differs from the virtual market so the relationship between the traditional market and virtual market cannot be related. The market has been in this form since its creation, we should never forget market volatility and put everything on Covid-19 as the caused of the market fall. This market fall has been in existence, cryptocurrency journalism shouldn't be a thing that will cause more panic than the real causes like in this case of coronavirus. The recent fall in Bitcoin price can be tag to the recent scam of $100m Worth of Bitcoin.