The question is in what way the new printed money will find the Way in to crypto market?
As Property and stock markets are booming gold is going up too we have like new economic fresh start everything is going up but Bitcoin is Still down!
I wondering wich way the New fresh money as euro, usd and Australian dollar will be invested into cryptocurrency market?
The total market cap of all cryptocurrencies is still very low when compared to other assets. The hypothetical value is only $213B right now, real being much less. So there is still lot of scope of investment in cryptocurrencies. If every thing goes right, we may see market value increasing by 10 times in next 5 years. It is wrong to assume that Bitcoin market has reach the saturating point and need new printed money. It is still possible that existing money will enter crypto market soon. Just keep believing bitcoin.
Not unless the government itself will decide to add Bitcoin as one of its reserve currency (just like the real gold), those newly minted paper money has no chance to find their way to cryptocurrency. Well, technically, the money can go to banks and banks can use them to finance their usual business and then the money can be on circulation within the economy...so its possible the money can fall to someone who is a Bitcoin supporter/enthusiast but this can just be an imaginary story to be honest. Maybe the concern is: Will there be a negative effect to Bitcoin if the government will keep on using the so-called quantitative easing (printing money)? The answer to that question is negative, the one affected here is the dollar itself.