It has been a tough few months, starting from January, when we first heard about the Coronavirus, in China. The world has changed from the blooming parks being no more occupied by playing kids, such terms as “Social Distancing” appeared in our everyday conversation, and the greatest financial meltdowns occurred one after another just in two weeks. Living in this chaotic situation, many of us believed that Bitcoin is “neutral” to the outside world storm, as we all knew that it was created in spite of the conventional finance. However, right after the U.S. stock markets were forced to close, not being able to handle the big meltdown, Bitcoin price has reacted to the stock market, and start falling down, reaching more than 30% down just in few hours.
Many have tried to find an answer. Some named the reason a Coronavirus, some blamed the government financial acts or in-acts, some even went far away and blamed the wet market in Wuhan. Well, we are not going to blame anyone, as we don’t think there is someone or something to blame, before having the full information and figuring out everything clearly.
I tried to talk to a friend who has been in the cryptocurrency world for a long time, and his thoughts were published here with his permission.[url]https://www.webounty.io/Blame-Coronavirus-for-Bitcoin-Price%3F-[/url]
What do you think of the impact of Coronavirus on the BTC price in the next month (US may become next Coronavirus center)?