Post
Topic
Board Bitcoin Discussion
Re: Coronavirus crypto
by
Janation
on 17/04/2020, 03:22:20 UTC
Hey, I was wondering, how will the crypto market react to the virus?

The virus did not affect the cryptocurrency directly unlike other investments.

As people would say that the pandemic is affecting the price of Bitcoin but not directly. As there are people that would be selling their Bitcoins to give their needs in this lockdown, there are those that buy so they would be ready with the halving that will happen. The proof of it is when the price dumped to $4K and just after days, the price went back to $6K. Another note here is that the pandemic is not the one responsible for that dump.