RockTree Capital CEO: Bitcoin price status may be short-lived due to new crown virus

Since the beginning of the year, the price of Bitcoin has increased by about 50%, and the price has now exceeded $ 10,000. Omer Ozden, chief executive of RockTree Capital, a Chinese investment consulting group, warned that the current state of Bitcoin's price may be short-lived. Ozden emphasized the impact of the new coronavirus, saying: "A lot of Chinese people have been sitting at home to trade because there is nothing else to do." This explanation is evidenced by Huobi's Bitcoin transaction volume and active users By the rise. Ozden added: "We have not yet seen the full impact of the coronavirus. If the virus is completely contained or the situation improves, then crypto trading activity may decrease, but it is difficult to see at this stage."