Post
Topic
Board Economics
Re: How Will the current pandemic affect the crypto market?
by
Salamstar
on 03/05/2020, 10:41:36 UTC

So, it's like most lockdowns are making people go into trading and bringing more users to cryptocurrency trading.
Do anyone think the Coronavirus will reshape the cryptocurrency economy or blockchain industry positively?
I will also like to see more explanations if there is.



I believe that the effect of the coronavirus, which seemed negative at the beginning of the crisis on the cryptocurrencies, turned to a positive effect after the currency rates rebounded and recovered. Thus, the cryptocurrencies joined gold as a safe financial asset in times of economic or political uncertainty even though it witnessed many fluctuations in price .