Will COVID-19 pandemic have effect on the value of Bitcoin?

Since the outbreak of the Corona Virus Disease, world economies are not performing well, and many sectors like the aviation industry are on their knees. I think this trend will affect the value of cryptocurrencies, especially Bitcoin. Blockchain technology relies on the same people who are affected by the pandemic, to verify and complete blockchain transactions. It means there will be less mining, thus a low supply of Bitcoin to the market as its demand continues to increase amid the COVID-19 pandemic. Can these market forces cause a surge in the value of Bitcoin?

 

That's true, there are many effects which have occur in world economy because of the Corona Virus. Crypto currencies especially bitcoin was affected in a big percent by this crisis but now slowly its start to grow again and many investors they have start to recover their loss.