Post
Topic
Board Bitcoin Discussion
Re: How Coronavirus affects Bitcoin and when it will end
by
Kersh768
on 22/03/2020, 19:14:56 UTC
I think, the way corona virus is negatively affecting the economy of different countries, do reflect on the market prices of cryptos. My basis is that, when this virus arose, there's no effect to the market prices at all, but the moment it became pandemic or simply 'viral' when cases were reported to different countries, things have changed. The market prices of cryptos not only bitcoin, fell in an instant approximately 47% within few days. Many businesses, establishments were forced to stop operating because the aim is to avoid interactions with one another, making it not surprising to know that things as well as online services were also affected.