COVID Infographic: Bitcoin Infected With CoronaVirus

Nations across the globe are struggling to keep up with numbers as Coronavirus continues to thrive. COVID-19, the disease caused by the virus SARS-CoV-2 has rocked the steady pace of life in almost every country in the world. As fears about the pandemic spread almost as quickly as the disease itself, markets and economies are taking a hit. 

This information is provided by Bitvavo, a trading platform.

The virus, similar in structure to the viruses that cause SARS (severe acute respiratory syndrome), MERS (Middle East respiratory syndrome), and even the common cold, is anything but familiar. While the virus may cause symptoms similar to that of seasonal flu, the rate at which people are becoming infected is quickly overwhelming existing healthcare structures. Leading many governments to impose sanctions on many aspects of everyday activities. 

Schools, workplaces, and recreational centers across the globe have been shut down in attempts to staunch the exponential surge of new cases seen each day. Many cities have begun to introduce curfews, or place restrictions on gatherings of large crowds. During the Presidential Primary in the US, even political rallies and debates have been sans their usual audiences, or even canceled in their entirety. Leaving many to wonder what will happen next. 

Because of these new restrictions, economies on both a local and global scale have seen a rapid and sharp downturn as local economies grind to a halt and transportation slows to a trickle. While some markets are showing tentative recovery, it’s still too soon to tell where this might all leave us in the months ahead. 

Leave a Reply