It could be essential to check the latest Coronavirus update before you make any financial decisions for your portfolio. How the economy is reacting to the current pandemic could alter how assets in cryptocurrency will move and benefit investors. Keeping up to date on worldwide events is essential when dealing with markets that affect numerous countries around the world. The Coronavirus has been topping news headlines since the end of 2019 and will continue to be for a while.
Today’s Coronavirus Update in The News
As of writing, the current Coronavirus has 1.08 million confirmed cases including 127,000 recovered and 62,444 deaths in total. When looking at statistics worldwide, there are 3.21 million confirmed cases of COVID-19, including 986,000 recovered and 228,000 deaths. When a pandemic affects millions of people in virtually every country, it has a drastic impact on several industries worldwide. But a Coronavirus update can be dynamic as situations change from day to day, making investors nervous about financial markets.
Look for the Helpers
When there are disappointing situations or disasters, many refer back to a Mr. Rogers saying: Look for the helpers. Even amidst chaos and tragedy, there are always people doing what they can to help others and giving back. Google has run many doodles to thank the helpers that are working hard every day among this global pandemic. Several of the Coronavirus update posts detail those who help each day since this situation began in 2019.
There are many large and small corporations that are continuously helping with the ongoing COVID-19 efforts each day. BitMEX is just one of the many organizations that have made a move to help focus on relief supports. Other big names like Binance have initiated a Crypto Against Covid campaign, bringing in much-needed donations for aid.
How COVID-19 is Affecting the Markets
Wide-spread panic has enveloped many industries around the world since this Coronavirus pandemic has been declared. With uncertainty and anxiety peaking, many individuals are unsure of their future and the long-term outlook of their investments. One of the most searched phrases online is Coronavirus update since many investors are looking for additional information. Keeping abreast of the latest news and changes in the pandemic spread may shed light on how investments will react.
While industries are suffering due to a number of factors, like the supply and demand principle, COVID-19 tops the list. This current pandemic scare also has drastic effects on other industries like the cryptocurrency market. While the global economy flounders as the unemployment rate increases, cryptocurrency continues to vary from day-to-day. Investors also can sway the crypto market by investing more in digital currency than traditional assets during this turbulent time.
If you are unsure how things are going, be sure to check out the latest Coronavirus update online. There are several website pages that list up to date information about active and recovered cases, along with associated deaths. How the COVID-19 pandemic affects, you will depend on what industry impacts your life. With time, hopefully, markets will rebound quickly from this pandemic, and investors can begin to look forward to the future.