Post
Topic
Board Economics
Re: Effective Covid-19 vaccine found
by
usekevin
on 09/11/2020, 17:50:45 UTC
Great news today: "us pharmaceutical giant Pfizer and German biotech firm BioNTech have announced that their coronavirus vaccine is more than 90% effective in preventing Covid-19 among those who have no evidence of previous infection."
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html#close

And we see an instant reaction of the market to such a statement.
What will happen to bitcoin in this case?




If the vaccine is effective one, surely it will reduce the impact of corona on Economy. The economic activities will boost up in a short period. So the money flow in the world economy will be increased.