Post
Topic
Board Economics
Re: Effective Covid-19 vaccine found
by
dunfida
on 20/11/2020, 19:42:55 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?

Talking with the vaccine then its good that those pharmaceutical companies did able to create on yet we do really badly needed not only for economical purposes but for the sake of humanities precious life
which this pandemic should be stopped as soon as possible for us to go back into those normal time.
Talking with bitcoins price connected to this vaccine then i dont see for any correlations.Bitcoins price is rather connected into those positive sentiments or news about adoption
specially with big companies integrating bitcoin into their system which i do see much more relevant than with this covid vaccine thing.