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RE: Bitcoin Trend Series / EP. 719 / Market Still Static
A little bit boring the last days. But high volatility always follows low volatility. Stock markets seem to be ready for a deeper correction as interest rates hike strait upwards. Will this influence BTC price?
Many argue that the stock market and the crypto market are two different prospects with vast differences but:
Both of the markets function the same way. By their simplest, the price of both are determined by demand, meaning how much people are willing to pay for a share or a currency.
Both of them can be valued based on the idea behind them.
Both of them are so far valued in fiat currencies.
My answer to your question is YES
Thanks for support..
Have a great weekend..