Post
Topic
Board Bitcoin Discussion
Re: Coronavirus lock down boosts
by
jhonjhon
on 18/06/2020, 11:41:49 UTC
In spite of the lock down, and thousands of death caused by coronavirus in Russia. There has been a sharp increase in bitcoin trading volume across Russia. The number of registered users in Binance during April 2020 was two times higher than December of 2019.
Source: https://cointelegraph.com/news/coronavirus-lockdown-boosts-bitcoin-trading-in-russia

With this kind of development in Russia, are we to expect a big price movement not only in bitcoin but to altcoin generally 
They'll come into crypto trading (and particularly to Binance trading platform) for one reason and that is to trade. That's it usually comes to their mind and will consider this could help them to generate money until establishments to open for a job. But literally, this never gives a huge impact to price, indeed, for the trading volume only.
Anyway, its something implies for a growing market volume, price doesn't really matter but for the volume.