Quote Originally Posted by Alexthedefender04 View Post
it is not COVID-19 that has affected bitcoin price, it has never been because there simply is no relationship between the two. it is literary every other market that has been dumping and the fear that the weak hands had thinking there should be a dump in bitcoin too so they jumped the ship. with whale manipulation accumulation on top, we've got ourselves a big crash Smiley
This is a good analysis. There is really no direct effect. However because of how greatly this pandemic has affected the global market and economy, it has incited a movement among the investors which in turn has affected the value of Bitcoin.