What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
Cryptocurrencies like Bitcoin could be affected both positively and negatively by economic crisis. This depends on the degree of correlation of the Bitcoin price to the assets under pressure in the crisis.The Bitcoin price can rise, as investors view it as an asset that is relatively safe from the crisis. The Bitcoin price can fall, when investors choose to invest not in Bitcoin but in assets that are regarded as near-risk-free, such as certain government bonds