Will the upcoming Bitcoin halving be a non-event due to the state of the world economy affected by COVID-19 ?
I think you mean the Halving that already happened?
The next halving will be ETA 10 May 2024.... thats a long time, I sure hope Covid will be History by then!
The halving that happened in the middle of May 2020 kind of got overshadowed by Covid. No super high price bounce, but it wasnt about the price bounce for me, I was happy to see Bitcoin moving along.
Even the one before the halving this year which was 2016 has no spectacular price movement that happened instantly and if I recalled correctly the price increase happened around 20 weeks after the halving leading to the 2017 bull run. We should scratch the idea already that every halving we will have will lead to Bitcoin's price increase as 2016 already have debunked the theory and maybe 2020 as well will be a proof that halving has no instant effect on the price of Bitcoin. If the OP is talking about the 2024 halving that will depend on how much the COVID-19 has affected the global economy during that time, the harder the pandemic will hit us we might start to see that the crypto market will also be affected during that time.