Post
Topic
Board Economics
Re: Trade war Influences on cryptocurrency
by
ipanks
on 11/09/2019, 10:45:26 UTC
I don't think the trade war will have a big impact on this market. If this market was affected by the trade war, BTC would have gone up sharply when the US imposed Chinese taxes in early September.

Well, we can say that, but we don't know the truth. But if the stock market is down, then it might affect the cryptocurrency, and that means, we will see so many investors will come to the crypto market. The trade war will impact to the country, and in this matter, it's about the US and China, but we don't hope that it will disturb the economy of the other countries. But what you say could be possible to happen as bitcoin will be another choice for the people in the US and China to make the transaction.