Quote from: Wapfika on Today at 11:40:42 AM

Quote from: Pierre 2 on Today at 09:15:28 AM

Tightening is definitely terrible thing for financial markets. But everyone including crypto investors were already ready for it. I personally sold my assets and converted into usd stable coins around crash area. I also never went with Euros because of Ukraine war. I believe usa is gonna be the least affected developed country in this crisis as they have huge oil and gas reserves. Tightening will end rather quickly for usd and Bitcoin will start its rally in a year or two at max.

I was surprised before that EURO value is decreasing while USD that recently reported about struggling on inflation is now getting stronger on pumping its value. I'm not well updated on what's happening on European country in regards with war but surely Russian is doing a great job on maintaining there own currency level value to stable while the rest of the country near them is crumbling.

Bitcoin is always affected whatever major currency is dumping. Converting to stablecoin is really a wise decision on this looming market crash.

It (Euro crash/crisis) was mainly because Eurozone countries all had agreements with Russia about gas and their many industries were tied to cheap Russian gas. After war started and Europeans started applying embargoes to Russia, their politicians wanted to cut gas demand. Russia also (sort of) wanted not to supply countries who embargoed them. So USA > Euro era started.
I feel like its not favorable for Bitcoin for now, but in future usa will be key to fix both Bitcoin and European markets.