Post
Topic
Board Economics
Re: Can a Stock Market Crash affect Bitcoin?
by
carriebee
on 02/11/2019, 21:45:32 UTC
I was thinking that investors would think the cryptocurrency market as an alternative to traditional investment products.
Having said that, my point was that those two markets have a reverse impact.

If the stock market goes down, then investors would start searching for alternative (more profitable) investments and turn to Bitcoin and cryptocurrencies.
The last days stock market crash seems that lead the market cap of the crypto market down.

Does the Stock Market has impact over the Bitcoin price?
Well if the stock market will crash investor will totally find ways to invest in some investment like gold and crypto. It will big impact in crypto if some investors will invest in  bitcoin or altcoin. There are chance that the crypto market price will grow if that happen. But of course it's hard to think that stock market will crash because in our technology now they can find ways to fix everything.