We haven't seen any effect whether positive or negative, crypto market still continue to go day by day. If there is an impact, we should have seen the price going healthy and moving to a positive growth.
I see some.
With the Sino American conflict and investors' tendancy to be worried about a recession, we can see more and more of them
turning to safe-haven, such as gold. (you can check charts)
What does this have to do with Bitcoin? It has been following the gold price for 3 months (you can check charts too to see the correlation). It means that investors tend to consider Bitcoin more and more as a safe haven. (Are they right or not is something else)
Compared to Bitcoin, does it remember you something for the past 3 months?
[im g width=400]https://i.imgur.com/Y7MaueP.png[/img]
[im g]https://i.imgur.com/rWXyFZN.png[/img]
[im g]https://i.imgur.com/kWK6jIe.png[/img]
We have all been seeing bitcoin fluctuates, gain massive increase sometimes, and then sometimes dump hard and none of us could really explain what is making this to happen other than we associating it to trades, bulls, and bears but there are factors that are happening in different locations that is making this to happen, and one of them could also be this trade war between them both and you may never know.
Their citizens might be passing money through the bitcoin market to make payment for good s and services and you know that has they demand, the price of bitcoin will increase, and has they withdraw; we will also see the effect of it. No one of us is sure of the effect of this war on bitcoin, but it might be having without making bigger impact.