#BTC Let's turn to the new global agenda, the monkeypox virus. However, the monkeypox virus has not caused the same level of panic in global markets as Covid-19 did. Despite the World Health Organization (WHO) declaring a global emergency due to monkeypox, the market's response has remained relatively limited. #LowestCPI2021
Recent studies indicate that the transmission rate (R0) of the monkeypox virus is below 1. This means that the virus has a relatively low potential for widespread transmission. In comparison, Covid-19 had a transmission rate (R0) of 2.5-3, which led to its rapid spread and eventual global pandemic. However, the situation with the monkeypox virus is different; it has only spread to 13 countries so far, and there is a general consensus that the virus can be contained. #BinanceLaunchpoolTON
At this point, it's important to consider several factors to understand why the global economic impact of the monkeypox virus has been limited. Firstly, the low transmission rate reduces the likelihood of the virus turning into a widespread outbreak. $BTC
In conclusion, I don't think the monkeypox virus will have as big an impact as Covid-19. Wishing everyone a good night 🌸