New COVID Variant FUD Drives Bitcoin Down To $54k

New COVID Variant FUD Drives Bitcoin Down To $54k


The news of the latest COVID variant is invoking a fresh wave of FUD among investors, with Bitcoin crashing down to $54k, and markets across the board slipping into the red.

Bitcoin Plunges To $54k As News Of COVID Variant Emerges

Financial markets are moving into the red on Friday as news of a new COVID variant makes investors around the world worried.

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According to a BBC report, this new variant was discovered in South Africa, and scientists have found it to be the most heavily mutated version so far.

Not much is clear about the variant’s properties yet, but what looks to be most worrying so far is that this version of COVID may be vaccine resistant due to the large number of mutations.

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