Post
Topic
Board Economics
Re: Effective Covid-19 vaccine found
by
Febo
on 09/11/2020, 20:26:59 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."

What will happen to bitcoin in this case?

Short term that is negative t Bitcoins price. It reduce uncertainty. Long term having vaccine ready before 3rd wave is positive for economy.  Bitcoin is in a bull market so long term price will be positive.