The market growth is promising and the same is being related with different things. This is so common, whenever there happens something positive with bitcoin people start to relate the growth with any of the incident happening around the market. Covid-19 vaccine will not make any impact upon the cryptospace, because the market isn't reactive to sentiments.
Exactly. What we've seen over the course of crypto's history, is that the market doesn't necessarily react to events in the mainstream world. That's largely because of the way crypto/Blockchain tech is designed. Decentralization is what makes crypto stand strong regardless of negative events in the real world. COVID-19 did benefit crypto more than it benefited the stock market. Ever since the pandemic took the world by storm, demand for crypto has been on the rise. I doubt that a vaccine will cause a crash in Bitcoin's prices on the market. After the announcement of Pfizer and Moderna's new COVID-19 vaccine, prices have remained untouched on the market. We're now close to Bitcoin's latest ATH of $20k per coin, meaning that the best is yet to come.
Despite naysayers' comments about Bitcoin, the crypto space will survive for many generations. Remember when they said Bitcoin was going to die back a couple of years ago? Even Mike Hearn declared Bitcoin to be a "failed experiment". Yet, the pioneer cryptocurrency is still alive and running with an ever-increasing demand on the market. Which is why, I believe that with or without a COVID-19 vaccine, crypto will thrive as an alternative to the current monetary system focusing on decentralization/censorship resistance above all else. Just my thoughts
