Post
Topic
Board Economics
Re: The dollar affects Bitcoin?
by
Janation
on 31/08/2018, 10:37:43 UTC
To some extent, the dollar affects the price of bitcoin.

The price of Bitcoin is not affected by the price of the USD. Yes, Bitcoin's value or price is usually on USD but that doesn't mean that it all relies on the USD since when USD changes, BTC will move.

But I think when the USD price moves, the price of BTC moves depending on the change of USD but still the value of it is still the same. So I don't think that it affects BTC's price.