Post
Topic
Board Economics
Re: The dollar affects Bitcoin?
by
BitcoinLoan
on 28/07/2018, 14:31:11 UTC
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

I think no affect in bitcoin,  becuase bitcoin not depending in dollors,  and i think dollor not depending on bitcoin.  So they dont affect each other..
So far there is no indication that fiat money influence Bitcoin price after all. Bitcoin has been developing on its own, disregarding international news and major currencies movement.