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RE: Sunbakin'

in #animal4 years ago

I see that China injected over 100 Billion dollars worth of their currency into their market to try to combat the economy slowing affects of this outbreak. That might indicate that they think things are serious and could be ongoing.

I wonder what sort of flow-on effect that'll have..

Thanks for your response 👍

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Some of that money is going to end up in Bitcoin! Maybe :)

But it might make sense. If their stock market and possibly currency value goes down from the outbreak, people could choose to hedge by buying BTC. We've seen what happens in Venezuela when the economy goes down. We'll wait and watch and see!