Post
Topic
Board Economics
Re: The dollar affects Bitcoin?
by
XFlowZion
on 15/02/2019, 01:10:57 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?


It's very easy to understand that it's just a coincidence. The price of bitcoin is controlled by demand while the dollar's value is based on the  inflation and economic growth. Even US does have a lot of money, it's not enough and main adoption is still what we need.