Quote from: Husires on February 14, 2024, 07:43:12 AM

Quote from: Crypto_Eng on February 13, 2024, 10:12:59 PM

if you accept BTC for your services or you are a freelancer and accept your payments by BTC then there is a relation.
Do you think politic has an effect on markets?
Corona virus, Ukraine war ..........

regards

Corona virus effect on the price was in the form of a V, and the price quickly rebounded to traditional levels. The Russian-Ukrainian war did not affect the price directly, but it did not cause an effect in itself, but rather because of its effect on supply and demand.
There are decisions that affected the price, such as the Federal Reserve’s decision to raise interest rates, and the reason for its effect is that it affected the aspects of supply and demand. Therefore, any event that affects supply and demand will affect the price, and this makes Bitcoin a little distant from correlation with global variables.

Thanks for reply

My approach is based on simple concepts
Cryptocurrencies take their share of financial transactions regarding buying and selling in real life
This share increases day after day