The stock market is overvalued in the USA, just type into google USA stock market crash, stocks overvalued. This coming stock market crash will cause people to want to find other ways to invest their money and gold is not efficient.
Trump has cut taxes for big wall street companies but this is a temporary fix and ven with that temporary fix the market is dropping.The stock market is very overvalued and now is negative for 2018 because of the dropping.The stock market is full of hot air and it will crash. When this happens what could happen to bitcoin prices?
I have read an article recently wherein the market cap of the US stock market has shown a decrease in the total fiat supply. Since the start of this year people has been pulling out there money from the traditional stocks. Not sure though but this is just my sentiment, we are seeing a possibility of people pulling out their resources from the stock market and slowly looking into investing to crypto currencies(not just on bitcoins itself). This is just my personal opinion though.