Italy is already having a hard time in this Coronavirus and daily a hundreds of people is dying, Surely the virus is affecting the movement of the bitcoin in their country also their economy is also affected.
Not only affected but instead it is devastated. Italy is crumbling because of the coronavirus, they are listing a new all time high death rate every day that is surely making the others to panic in a small box.
In their country it is already all about survival, I think that sudden drop could be one of the reason but we could expect a big movement as the virus continue to spread around the globe. For sure the effects of the virus was not yet seen at this time for sure in the coming month the effects of the virus would be devastating to everybody.
I know we've been all fighting the pandemic but Italy has the most crucial one, I can't stand on my feet when reading news about them, it's not just their economy it is their lives that matters the most. We are not yet in the stage where we are going to see the effects of the pandemic, we are just getting started to crawl under a possible recession again. The only good thing I have heard today is the soaring price of bitcoin in 2 days.