Post
Topic
Board Economics
Re: Trade war Influences on cryptocurrency
by
samcrypto
on 18/09/2019, 22:02:40 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.
That’s right but since the market is still down, we can conclude that the trade war is just a war that can’t affect the crypto market. Maybe in short term there is no effect but we can’t be sure if the future will still be like this. Trade war between the USA and CHINA makes an impact on some economy and businesses, its good that bitcoin is still not affected and its good that we still see bitcoin kickin. The price of bitcoin will move up on the upcoming halving, let’s be patience on that.