In today'southward crypto market discussion, Cointelegraph is joined by crypto annotator Naeem Aslam, and the CEO of Tokenmetrics Ian Balina to discuss the affect of the coronavirus on the cryptocurrency markets.

Will the economic impacts of the coronavirus leave people flocking to cryptocurrencies equally a safe haven?

Naeem Aslam is skeptical of Bitcoin'due south purported 'rubber haven' status, emphasizing that Bitcoin is a haven from central bank budgetary policy, and not infectious diseases:

"I think when we talk about Bitcoin every bit a safe haven asset, nosotros're actually talking near in relation to primal banks and their monetary policies. Right now, we don't have that fear in the market right now. The fear in the market place is about influence of coronavirus [...] when we have something going wrong with the budgetary policy, then, yep, we could see the momentum coming in because obviously Bitcoin the entire fundamentals base confronting the traditional budgetary policy that the central banks are running."

Ian Balina rejected the proffer that crypto and coronavirus are correlated, stating:

"Nosotros personally don't invest or trade on specific events [...] the coronavirus has not shown to be correlated analysis with Bitcoin or crypto in general. Then because Bitcoin is a global asset class with numerous global events happening in tandem and it's very hard to pinpoint ane item result equally being the catalyst, I think peradventure indirectly the equities markets having a huge selloff where over 1.7 trillion dollars was lost in a few days and I think crypto could exist really just playing off of that."

The pair also share their long-term outlooks for the crypto markets, the probable impact of the upcoming halving, and whether Ethereum will surpass Bitcoin past market place cap in the next 10 years. Don't miss it!