Many nations at point of time are going through cashless policy and this policy affects price of things in different market regions of the world.
Can inflation which is the high demand of price over few goods or products actually controls the stability of bitcoin pumping or going down?
Because I believed where people are facing high price over fewer goods makes it difficult for people to trade bitcoin with little or no capital! So can inflation makes the market cap of bitcoin not having a reality face of surviving?
Last time we had a huge inflation (pandemic period) the price went up, why? Because governments printed money out of nothing and that meant that money would have a lesser value, what you could buy with X amount wasn't the same anymore. This means that inflation does impact bitcoin, but of course inflation also has a respond to it, which is recession with high interest rates, which also drops bitcoin as well.
Most things that makes bitcoin go up, also makes stocks go up, and same for when both of them goes down. Which means that you can check what makes stocks go up or down, and since that has been around for decades that means you could do so a lot easier.