Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

bitcoin covid-19 and bitcoin covid-19 and crypto crypto macro implications covid-19 coronavirus

COVID-19 & Crypto - The Pandemic's Impact on Cryptocurrency

Written By Ivan on Tech

Oct 28, 2020

Does the COVID-19 coronavirus pandemic affect cryptocurrency in any way? In this age of information, it can sometimes be difficult to determine what is true and what is not. The rise of “fake news”, coupled with extreme economic uncertainty is distorting our perception of reality and changing the fabric of our lives. Throughout mainstream media, there is an abundance of misinformation and misrepresentation of facts, with much of the conversation in the news falling short of any substantial discussion.

What we do know, however, is that a deadly virus has spread across the planet, already killed an estimated 1.16 million people and bringing the global economy to a standstill. The long-term implications of the COVID-19 pandemic are chilling, but the damage to society and the global economy are not openly discussed as governments and central banks quietly try to print their way out of economic disaster.

Though people are free to socialize now, businesses have closed down,...

Continue Reading...
Close

Get our Free Ebook

Enter your email and we will send it to you!