U.S. trade war with China may only have a slight impact on the development of crypto prices. It will probably have an impact on the economy in every country. The Bitcoin movement is influenced by demand and acceptance. So this price of Bitcoin can also rise very high because of the large demand, but if the reception is small, the price will decline sharply.
So how can you connect that on the trade war? It is true that bitcoin's price depends on demand and acceptance but when it comes to the trade war, how is that connected? That is the reason I don't think bitcoin will be influenced or be affected by it.
- I don't think so, bitcoin will get a certain influence from this trade war, the explanation for this story is that the value of Chinese currencies will be reduced when they no longer cooperate with the US, they will be affected economically, besides this story, the US also has an influence when its stock market also has some links with China. And the solution is to move to other assets without being affected, even profit, crypto and bitcoin are probably very well known as a way to increase assets and make money, crypto market will have fluctuations in this battle