What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
I guess there will be some reactions of the crypto market when there is something big happening in the world economy. For sure, everything will be affected. But if the occurrence is relatively small, it might not cause a big problem at all. But if, for example, there is a global recession, the crypto market would not be exempted with its effects. The last time there was a strong recession around the world, the effect was very huge. I think it was the time when even the huge Lehman Brothers Holdings, Inc. went bankrupt.