The world economy and stock market does not have much effect on the crypto market.Cryptocurrencies have had their own flair since the beginning. Even the price of gold does not affect it much.
This is not possible by all standards because all sectors of the financial economy affect each other. The crypto market is not an independent market in a parallel world. It is part of the global economy and is linked to the movement of the global market, especially the stock market and the transfer market. That is why many aspire to change from Bitcoin to solve the problems of the traditional market by searching for better options and realistic alternatives. It is true that Bitcoin is not recognized as an official currency, but it is generally accepted and no party can ignore it anymore. Therefore, the entire crypto market has become a reality and must be dealt with. This vision is motivating for many countries that have started the path of change.