Coronavirus keeps getting outta hands in countries like Italy and France and others, things keep getting worse with the disease every day but I surprised me is the affectionate to crypto, it seems to stop affecting crypto already what do you think?
I saw someone that was asking this same question about Dow Jones in this forum yesterday; he was asking why the Dow Jones Industrial Average was going up at this time instead of down. When I was replying to that question I also pointed out that Bitcoin was already going up and not just only Bitcoin, but altcoins as well. I cant give a reason on why the market is already going up after this. Is it that things are getting back to normal or what?
Though in the case of Bitcoin I would say maybe its because of demand increase, because if you check some exchanges you will notice that the buying rate is higher than selling.