Post
Topic
Board Bitcoin Discussion
Re: The week-long calm in the bitcoin market ended with a sudden $800 price drop on
by
m k
on 13/06/2020, 15:00:09 UTC
Bitcoin price is somehow related to stock market. Not directly, but it is related.

When we see a big stock market crash such as last Thursday, a lot of investors sell their bitcoin to buy stocks for a cheaper price. This makes a downward pressure in bitcoin price.
The same happens to gold also.
thanks sir for replay