Everywhere around the world is talking about adopting new normalcies day to day as a result of Covid-19.
How has covid-19 then, affected cryptos like Bitcoin?
It affected Bitcoin in different ways, at first the effect was negative, a lot of investors had to liquidate their Bitcoin into cash and that led to Bitcoin finding itself at below $4000. But after all that has happened, this year now seems to be the biggest year for Bitcoin, the interest is growing and a lot of people can’t wait to have Bitcoin added to their portfolio, it’s really good.
So, I would say that at first the impact of the coronavirus was kind of negative and as time goes on everything transitioned to be a positive one. Bitcoin is not the only asset that has been riding the wave since this time, there are other assets that were able to accomplish their new highest price at this time of coronavirus.
