It is true that the present world has suffered a lot of losses economically. If we look at the developed countries, we can understand that the rate of inflation in their country has increased a lot. This is not desirable at all and they are feeling the state of Bitcoin as a result. We have to go through this bad period for many more days and then we will know whether the situation is better or worse. Now we should not do any major trading at all. Always be alert because anything can happen anytime in the market.
I will say that some certain things we portrayed here are not formatics. Because i believe that cryptocurrency does not caused any inflation to any country. Because bitcoin is not only the source of generating income to any country per say. I believe that Bitcoin is not even been recognized in any every country across the world. From my observation we have to research before posting.