How does the Delta variant affect the price of Bitcoin?

1 answers

• Ethan GambleNov 09, 2022 · 3 years ago
  At BYDFi, we believe that the Delta variant's impact on the price of Bitcoin will largely depend on how governments and central banks respond to the situation. If governments implement strict lockdown measures and monetary policies to mitigate the spread of the Delta variant, it could lead to economic uncertainty and potentially impact the price of Bitcoin. However, if governments and central banks take proactive measures to support the economy and provide stimulus packages, it could help stabilize investor confidence and limit the negative impact on Bitcoin's price. It's important for investors to stay informed about the latest developments and monitor market trends to make informed decisions regarding Bitcoin and other cryptocurrencies.
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