Post
Topic
Board Economics
Re: The dollar affects Bitcoin?
by
shesheboy
on 31/01/2019, 23:10:39 UTC
Where did you find the relationship of the dollar and bitcoins? The only connection is the cryptocurrency rate itself. The course is affected only by Bitcoin capitalization.

Thats right  . btc is generally measured in usd , thats why they have a relation .  if usd drops , btc also drops because people loose some cash .  

Lets not forget that btc can be also measured in other local currency depending on what wallets you are using but then again  , every local currency are always tied tup to usd because usd is still the general money  .

Usd isnt highly volatile like cryptos  .  it can only decrease or increase a verry small increments  .   its not life  threatening at all when usd drops  .