Quote from: Sayeds56 on Today at 05:31:27 PM

Quote from: yawars20 on December 06, 2023, 10:53:21 AM

Furthermore, due to its global reach and impact, fluctuations in the price of BTC can also have an influence on traditional financial markets. For example, when BTC experienced a sharp decline in 2018, it also caused stock markets around the world to drop.

So guys what are your thoughts about current situation.

Indeed, Bitcoin and alts markets are highly volatile, and In firmly believe that this volatility is the beauty and leading feature of cryptocurrencies landscape, as it is offering opportunities for investors to participate in crypto space for investors across various financial capacities to engage in the cryptocurrencies pace.

Regrading, correlation between Bitcoin and stock market it has been noted that stock market tends to influence the cryptocurrencies market, not the other way around.

Absolutely right the volatility in Bitcoin and altcoin markets adds a unique attraction of investors to the crypto. This strength in cryptocurrency provides different investment opportunities suitable to many investors with varying financial capabilities.

Regarding the relationship between Bitcoin and the stock market, your observation are quite broader. We have seen many times that whenever FOMC meeting start , the crypto market become volatile which indicates that stock market and other real world matter effect on btc but never hear that stock market affected with btc price change.