I believe in Bitcoin in the long run, but when heard about the unemployment rate because of Corona virus increasing every week, I feel worried. How it will affect on the crypto world?
This has already affected the crypto world. Remember the strong fall in the price of Bitcoin in March, as well as other cryptocurrencies. It was caused by both panic from the fall in the oil price and concern about the upcoming pandemic. Now that the situation has stabilized and is gradually improving, the price of bitcoin has gradually started to grow.
I am sure that everything will be fine and this summer the price of Bitcoin will pass the $ 10,000 mark.