Stocks and Bitcoin prices could correct sharply if Dr Anthony Fauci’s dire coronavirus warning plays out.
Dr Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and a key member of the White House coronavirus taskforce, says the number of daily infections in the US could reach 100,000 per day if immediate precautions are not taken to prevent the spread of the virus.
As Fauci issued this warning, stocks reacted with caution and investors are anticipating that a downturn in equities markets may lead to a correction in Bitcoin (BTC) price.
Fauci also cautioned that an effective vaccine may not arrive as quickly as the medical community expects.
