ETH price movements began to be seen this month, where there was a significant increase, but we do not yet know how the next price movement will be, because the crypto market is very unstable during the current global COVID-19 pandemic.
I don't see a huge impact with the covid pandemic 19 on the ethereum movement.
Well you didn't see it coz there is no data that will let you see it, though figuratively speaking we can feel it with the market movements. It is just hard to assume that there are effects of covid-19 pandemic in the cryptocurrency scene as a whole.
even if there might be just a ripple and will recover because the transaction does not affect what is done by the government. ethereum will move up if bitcoin does start to rise significantly. no altcoin at this time can move on its own not because of the impact of bitcoin. ethereum still needs to work hard again to be able to stand alone.
This is just for me, but the covid-19 affects everything literally. Again there are no data that we can rely on but you can notice the chart, before implementing the lockdowns on different country, mostly in March you can see the price of bitcoin plummeting but it was resisted hence it was seen as opportunity of big players to stacked up their cryptocurrency holdings. I don't know if it is true, but the stimulus package given in America allegedly helped the crypto to avoid getting any price decline, it was announced by coinbase that they are getting a $1200 deposits from newly registered accounts, I just don't know if that was true or just a trap setting.
