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The pandemic was part of the factor that contributed to the increase in the price of crypto currency , because we all saw how the prices of crypto currency increased during the pandemic so it have an effect on the price
I think from the outlook of things we have seen that it has not really affected the cash flow of investment in any way,because as lots of persons are looking for security in health,so some other persons are looking for ways to survive,which is basic food and agriculture.With the pandemic that the world has been facing there has been a lot of finances that have been dedicated to the treatment of this virus and rightfully so. Thankfully there is now a vaccine for the virus that is hoping to be able to contain the virus, however this can be quite costly to manufacture and purchase for the various different countries. As economic resources are pulled towards the development, distribution and manufacture of this vaccine, do you think that this will pull away future investment into the crypto world, and if this is the case then what do you think the effect on the price will be?
Less money to invest in crypto may cause a price reduction, especially since this vaccine could set countries back financially in order to procure it. However, there are also many donations that are being made. What are your thoughts on this?
The bitcoin market saw a severe decline in value during the COVID-19 pandemic, however it eventually recovered. According to some researchers, the epidemic may have fueled increasing interest in bitcoin as a potential buffer against economic volatility.With the pandemic that the world has been facing there has been a lot of finances that have been dedicated to the treatment of this virus and rightfully so. Thankfully there is now a vaccine for the virus that is hoping to be able to contain the virus, however this can be quite costly to manufacture and purchase for the various different countries. As economic resources are pulled towards the development, distribution and manufacture of this vaccine, do you think that this will pull away future investment into the crypto world, and if this is the case then what do you think the effect on the price will be?
Less money to invest in crypto may cause a price reduction, especially since this vaccine could set countries back financially in order to procure it. However, there are also many donations that are being made. What are your thoughts on this?