The first run through the Covid-19 spread extraordinarily influenced the world economy, so the cost of Bitcoin fell, the world economy started to balance out once more, with the goal that the impact of Covid-19 would be tiny on the Bitcoin cost.
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The SARS-CoV-1 coronavirus pandemic has left a significant footprint on the global economy. For this reason, it had a substantial impact on the behaviour of all financial instruments, including cryptocurrencies. It turns out that the fluctuations experienced by the virtual currency market during this period reflect changes in other capital and commodity markets. This market has also shown relative stability during this difficult time. It is another proof that cryptocurrencies can be treated as a mature and full-fledged financial instrumentAt the beginning of the epidemic, the price of Bitcoin dropped to $ 5,000. Do you see that will happen again if another wave hit this last two months ??
fingers crossed,no one can really tell with the way things are going in the crypto currency world. It may not drop that much if the will be a second wave of covid-19,the projections given for Bitcoins is growth.At the beginning of the epidemic, the price of Bitcoin dropped to $ 5,000. Do you see that will happen again if another wave hit this last two months ??
It will affect not just bitcoin but most of the cryptocurrencys like ethereum, Pi, xrp, Tron, litcoin etc. I am not praying for another lockdown but it will really be an advantage for crypto investors because the rate at which it will grow would be limitless . that is why I kept emphasing that cryptocurrency is the future of currency .At the beginning of the epidemic, the price of Bitcoin dropped to $ 5,000. Do you see that will happen again if another wave hit this last two months ??
First of all there's nothing like second wave of covid!!! We don't pray for the repetitive of covid to happen again, but bitcoin is not affected by covid likewise there are human factors behind the pumping and the fall of all altcoin.At the beginning of the epidemic, the price of Bitcoin dropped to $ 5,000. Do you see that will happen again if another wave hit this last two months ??
I guess like the fiat currency, there are many factors that can affect Bitcoin. I think the second wave will not have an economic impact of the magnitude of the first wave. This is because people and governments are better prepared now and the vaccine will also reduce the mortality rates. Thus it basically means the impact on the economy will not be as severe. Therefore I don't think Bitcoin will take a similar hit as last year.At the beginning of the epidemic, the price of Bitcoin dropped to $ 5,000. Do you see that will happen again if another wave hit this last two months ??
The second wave of Covid nineteen will definitely affect the price of bitcoin like the way it happens in the first wave, because they will not be increase in cash flow, and there is down time in the economic activities.At the beginning of the epidemic, the price of Bitcoin dropped to $ 5,000. Do you see that will happen again if another wave hit this last two months ??