What is going on in the crypto Market.

[Master107]

It could be one of worldwide pandemic effect.
However, the real reason is still undefined.
Remember, it is also possible that it is just the way of market movement.
Or there are someone who controls the scenario at this time of distress.
Be careful and patient to your investments.

[Nestle]

I saw that and I could only wait until this problem was resolved. Everyone is waiting for the market to recover and hopes for improvement. I'm sure the crypto market will recover soon

[tonymillions84]

A lot has been happening. from the virus spread that has been affecting market to the oil price that continue to crash due to the on-going trade war between Saudi Arabia and Russia. under-developed countries are at risk of falling into reception.  their economy depends heavily on Oil. eg Nigeria.

[tervel]

Coronavirus situation unfolds, it is hard to say how cryptocurrency will cope but as even traditional safe-haven assets like gold continue to fail, Bitcoin may find itself in completely new territory as an emerging asset class.

[Fenix]

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

It is hardly possible to explain the current fall of all markets with people's fear. States called on people to comply with quarantine rules to combat the spread of coronavirus. To spend a certain time in isolation, people were bought with food and basic necessities. For this purpose, cryptocurrency was also sold through exchanges, since it still has weak liquidity. This has led to a fall in the cryptocurrency market. Now the fall has stopped because people have already prepared for quarantine. Gradually, now the cryptocurrency market will begin to recover.

[Muneeb22]

Crypto market and also the forex market both are crash becasue of the corona virus and i hope that soon the market will go up soon and we are again in profit on that time.

[sirty143]

I think the crypto market has fully recovered as almost all coins in the top 100 were all color green. Bitcoin is trading 3.68% at $6,255.98 followed by Ethereum at 2.83% ($133.03).

[Master107]

I think the crypto market has fully recovered as almost all coins in the top 100 were all color green. Bitcoin is trading 3.68% at $6,255.98 followed by Ethereum at 2.83% ($133.03).

I sincerely wish that crypto will fully recovered sooner to help the crypto people around the world who wait for bull run a long time. They need money now to buy food to have some stocks to survive the quarantine.

[kevinjulio]

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

This is a concern about the spread of the Corona virus. So the price of cryptocurrency falls. Many investors in China have disbursed Bitcoin into real currency to buy basic necessities.

We do not know until when this plague will continue to exist. So this situation will have a big impact on the price of the cryptocurrency. The Bitcoin price was unstable like a few months ago. But we also shouldn't panic.

[masterrex]

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

It is related to the Covid-19 scare that recently hit not just in a single place but the whole world, it happens everywhere panic buying, shortages of medical supplies, etc. the stock market is down elsewhere so that's also happening in the crypto market people sold their crypto holdings because they want to thats the reality so we brace ourselves if this problem will continue.

[tervel]

Don’t worry. This time there’s news coming out of China that isn’t connected to the coronavirus outbreak.With so many people around the world working from home, social distancing and self-quarantining, searches cryptocurrencies have gotten will increase.

[Muneeb22]

This time all the crypto market is crash and thats why all the coins are going down regularly but we need to buy more coins and safe them becasue this is the time to buy the coins in the market ad safe them for the future.

[tonymillions84]

The current situation is unpredictable. Market condition is for short term traders so you need to be careful on what and how to trade. if you check through, you will notice sharp price raise and fall. BTC has been trading between 5,500k TO 6,700K. we may stick to this position as long the pandemic crisis continue.

[Jaguar]

It is nearly possible that it is because of corona outbreak. The virus is seriously damaging and destroying the world health. In terms of health, equipment, foods and financial matters. Do not lose hope because there is an end to every problems. Once the problem end, world economy will be in good condition again.

[CryptoAddict]

When WHO declared coronavirus as a pandemic, it is a declaration of a bear market and worse things to be expected. I hope the little recovery of Bitcoin and other alternatives will hold? I have been at home looking deeply at KoinPro who offers two predefined Bitcoin futures contracts — the double-UP and perpetual contract. What a time to study some of these new projects.