Post
Topic
Board Economics
Re: How Will the current pandemic affect the crypto market?
by
Sadlife
on 25/04/2020, 11:25:19 UTC
You're wrong, in the initial stages of the crisis Bitcoin has also been affected with the market plunge in the stocks and this had happened in the month of April where we had a flash crash bringing down the price to $3000 level showing cryptocurrency and stock market correlation. But in time with the collapse of the traditional market due to quantitative easing and rate cuts, it will slowly kill the financial institution. Affecting the cryptocurrency market and possibly triggering a surge.