Post
Topic
Board Economics
Re: How Will the current pandemic affect the crypto market?
by
The Pharmacist
on 26/04/2020, 11:27:01 UTC
As I've seen so far, Altcoins doesn't looks like they are being affected by this pandemic going on..
They seem to have gotten hit as bad or worse than bitcoin itself has--and the slaughter could have been much worse, but altcoins are seriously down for the year if I'm not mistaken, and I'm not sure when they're going to start to recover.  And yeah, all of that was due to the viral outbreak.

This situation can't continue on forever, as that doesn't match the pattern of previous outbreaks.  So whenever this ends, it'll be a good thing for bitcoin--and I'm happy it's maintaining a price above $7k right now.  I figured bitcoin would have gotten hit hard and remained below $5k or so.  Anything above that is music to my ears.