indeed the corona virus still cannot adversely affect the price of cryptocurrency but when a disaster strikes China and consumes 50% of the people there it will have a big impact on the economic movement there and cryptocurrency will definitely be affected but by what doctors are working hard can cure many corona sufferers.
At present the price of cryptocurrency at the exchange place has increased due to the possible influence of the halving bitcoin that will be getting closer so that it gives an impact on other cryptocurrency prices that make the price go up.
There is no correlation between the coronavirus and the ups and downs of the price of bitcoin. But the coronavirus is clearly hitting the Chinese economy, the cost to block the spread of the virus and treatment of sufferers is indeed costly but will not last for a long time. Some shares in China certainly experienced a decline due to a slowdown in the Chinese economy and a rejection of Chinese export products, but in my opinion shares in China that relate to providers of medical devices and health services will certainly increase along with increasing demand in the real sector.
One of my colleagues in China informed me that the conditions in Wuhan were horrible, but in other areas, the conditions were still conducive. And they are sure all will gradually improve in a couple of weeks. So, in my opinion, the economy in several areas in China is still moving despite the slowdown.
Coronavirus gives us a lesson that, our technology is still vulnerable because it cannot predict or even prevent the emergence of corona outbreaks. And when natural anomalies occur because of human activity, wealth, technology is no longer valuable. Even individuals have a loose appetite.
