Re: Coronavirus crypto

Quote from: nennanem on March 23, 2020, 10:00:30 AM

Hey, I was wondering, how will the crypto market react to the virus?
In this regard, I found the article about it, https://cryptogeek.info/en/blog/coronavirus-reveals-cryptocurrencies-are-crisis-resistant, it says, that crypto is well resisted to the crisis, what do you think? Is that true?

I don't think you need anybody to tell you that this is not true looking at how the entire crypto market cap dump over $100 billion USD when the spread of this COVID-19 went viral. Currently, stocks, commodities, and cryptocurrencies are still underperforming due to the slowed economic growth in major countries. So yeah, this virus really has hit all markets and not only the crypto market.