What is going on in the crypto Market.

[Rivaldi Kunkun]

Now with the rising Bitcoin price after having decreased last week. There are many people who benefit. I think the government rules that everyone to do isolation at home provides benefits to Crypto. Now Crypto is becoming a great solution to profit when working at home. And we today can see the price of Bitcoin back pumping.

[212]

Crypto Market is crashing. Is this a coronavirus fear or something else that I am missing??

Yes, this is the impact of the Covid-19 virus spread. In addition, some investors sell Bitcoin in large quantities. This has an impact on market conditions that continue to decline. Panic Sales happen because they are afraid to lose a lot of money.
But, many people also get a lot of profit when the Bitcoin price plummets. For people who haven't invested, this is the first step they buy Bitcoin at a cheap price. And looking at Bitcoin's condition, this coin doesn't take long to pump up soon.

[Master107]

There are many people who benefit.

Traders waited for long time to have profit.

I think the government rules that everyone to do isolation at home provides benefits to Crypto.

Literally, isolation is far to each other, no contact at all.What is the connection?
Maybe you want to say is quarantine. Crypto people now can do their job in crypto as much as they can while they have more time to focus.

[CryptoAddict]

You have already answered the question rightly.  a lot of uncertainty is fill not only the crypto market but also the stock. Have a look at KoinPro which is decked out with a host of unique features that make it trading Bitcoin futures more convenient and safe such as free demo account to practice and get used to the platform, absolutely no KYChttps://www.koinpro.com/r/2QZ3

[syedrasool2011]

Nobody can rightly predict the future. We are all just speculating. As per price of Bitcoin, I don't think we are going to see any new high this year base on the market situation and the current pandemic. You can trade future with  your BTC using KoinPro platform which provides limited risk and double-UP contract. 

[Prime]

What's happening on crypto market is something usual. There is time for pump, then there is time for dump. This will be repeated in the future, so just take advantage of the characteristics of crypto trends. I think most people already know about this, they must have already prepared so well in the previous months.

[tervel]

The idea was for cryptocurrency to democratize finance.Digital assets are at the helm of democratizing finance. But for Bitcoin or any other altcoin to democratize anything, it will need to be adopted on a major scale.

[Fenix]

The idea was for cryptocurrency to democratize finance.Digital assets are at the helm of democratizing finance. But for Bitcoin or any other altcoin to democratize anything, it will need to be adopted on a major scale.

What is happening with conventional currencies, and first of all with the printing of an additional six trillion dollars in the United States, should sharply spur inflationary processes around the world. The economy of all states is now sharply declining, which should entail the onset of a global economic crisis. This should be a good test for the cryptocurrency market. It is in these conditions that the cryptocurrency will have to prove itself as a reliable refuge from the inflation of ordinary currencies. Therefore, this year should be special for cryptocurrency. Perhaps her finest hour will soon come.

[tervel]

Cryptocurrency will likely prove itself as a safe haven soon when prices of goods and services soar amid US dollar inflation. The Fed is now pumping cash like crazy, and this portion of new money will be reflected in all prices soon. Obviously, Bitcoin will get a boost from this as well.

[babu10]

Crypto Market is crashing. Is this a coronavirus fear or something else that I am missing??

Ups an downs are part of financial market so that crypto market also suffering in this crisis nCOVID-19 situation. You see every people in the world now busy to safe their life so how they focus on crypto market? just wait for market comeback and pray for all life in the world.

[purpleseven]

I survived and did not sell my assets in this situation. I believe this decline is only due to the covid 19 issue which is not over yet. Many people sell assets just to survive now

[tingo]

It will never be stable, there are whales and exchanges, and most traders ( 97 %) will leave market after losing the last cents.
It is all true.
non of the cryptocurrencies has intrinsic value.
most crypto people doesn't know even what was the Bitcoin promises!
they are in because they wish to be millionaire!
Simply, this is not going to work.
Bitcoin needs more education rather than speculation.
Once you understand what is the Bitcoin mission, you start to use it as a tool for self-sovereignty.

[carcas]

Fear will make you even more down. Be patient and wait for a good time to buy. The price of crypto is now easy to go down and up depending on how the news will affect

[ShadowCrypto]

Fear will make you even more down. Be patient and wait for a good time to buy. The price of crypto is now easy to go down and up depending on how the news will affect

Yeah, I agree with that, This corona thing is making everything worst, even cwith cryptocurrency a lot of people will dump, they will need the money for something else, real sh*t

[hushpupppy]

Crypto Market is crashing. Is this a coronavirus fear or something else that I am missing??

It is not a panic, it is a normal way of life. It is natural for people to sell their crypto or physical assets to survive a pandemic.
Remember that the crypto currency market deals with the emotions of both the buyer/seller; hence the one with more savings get to invest in difficult times.