Quote Originally Posted by AshieLemon15 View Post
Is bitcoin benefiting from coronavirus?
Bitcoin follow nothing, even real world events nor news. But we are the one who follow such as things and we think positive then. In a result we jump into bitcoin to accumulate more as much as possible and that's how bitcoin price go up due to increase buy pressure. During beginning of covid-19 we had encountered huge dump because people was worried about real cash. But after few days bitcoin price back to normal. Means when we become panic and sell our bitcoin for real cash then price was dumped. So we can't blame to covid-19 directly for this dump. Always community (we) create influences on bitcoin price.