What is your opinion about the latest changes that took place for altcoins and Bitcoin? Do you think politics had a direct effect on them? Or was there another reason?
Why do you think after two years, Bitcoin is soaring once more?
Share your opinion with us
Certainly, Politics has direct effect on every market including crypto. The history has shown that Political stability is the primary requisite for stock market performance and same is true for crypto market. BTC has shown very strong correlation with stock market. I am pretty sure that if US stock market decline due to political turmoil that is likely to happens if Trump challenges US elections result in supreme court. The cry to market will also collapse with stock market.