Corona Virus effect more than 200 country economies and also effect crypto industry. prices of coins dump quickly its a chance for new users.
The dump is already over, bitcoin is now starting to rise, its' been consistent for 2 days already I guess, and good news is that bitcoin already hit $7000 today. what's next? of course people will expect another pump as most eyes are in crypto now since stocks are falling.
i think crypto industry grow upward quickly.
It's good to see it slowly but having a consistent growth, that way we can avoid seeing another big dump.
I'd call this as 95% accurate info on current bitcoin position in the market.
The only thing I want to add to the perspective - as it was said 200+ countries are affected by virus, their economy too, so why people think bitcoin/crypto should be evaluated apart from other coins/stocks falling?
It is pretty obvious that most of the currencies and stocks are falling drastically, so its not "Crypto changes", but "The World changes, crypto is doing fine"