Post
Topic
Board Bitcoin Discussion
Re: Do you think, India lifting the ban on cryptocurrencies will impact BTC Price?
by
ukon
on 10/03/2020, 17:05:20 UTC
We think this is huge for the crypto world looking at the current BTC price graph.
I don’t know of this sure but there are a lot going on that seems to be affecting the Bitcoin price right now, and not just bitcoin but every other assets and stocks market.

There is Coronavirus fear and it seems to be affecting everything, the price for everything has been decreased to a very low, Bitcoin has fallen back to around the rate of $7,000 after making its to $9,000 plus and apart from that miners has been another case since they started selling out less of what they mined. There are still a few other things that may have possibly affected the price of Bitcoin and caused it to fall.

I think not only the corona virus can affect the price of bitcoin to $ 7,000 but this could also be the cause https://cointelegraph.com/news/plustoken-scam-moves-123m-in-bitcoin-just-as-btc-price-regains-10k
This is hot in the conversation right because it has become a scamer and has an impact on the cryptocurrency market so that this impact could have happened because of this.
But for the corona virus, I think this does not have too much impact on cryptocurrency.