Topic: How can cryptocurrencies affect the global financial market? (Read 78 times)
Cryptocurrencies are currently developing a global awakening. It is common all over the country. The current crypto currency market is growing so the interest on crypto currency is increasing from many countries. Attracted worldwide.
With the rise in value of crypto many countries are adopting crypto currencies to increase usage which can affect the global financial markets. As its price increases the market will expand more. Crypto markets can run alongside other markets. Retail traders may flood the market to buy both cryptocurrencies at other times the crypto market may be positively correlated.
Can cryptocurrencies affect the global market right now?
Yes.As you can see, some other markets are being affected or just say that it is a coincidence that when cryptos goes in a bull run, they are also going in a bull run.
Think that crypto has 4 year cycle and is it still a coincidence when, s&p 500 and other stocks goes on a bull run too?
Can cryptocurrencies affect the global market right now?
Already cryptocurrency is conquering the global market because fiat has failed us over the years that is why so many are into crypto currency now because we believe that it will bring an end to inflation and some disadvantages that follows the use of fiat, the mass adoption of crypto currencies now is a sign that almost every one is tired of the global market and wants something that will take them out of these monetary bondage called fiat .
We are not the "Economic Terrorists" which some elite leaders warned about, but high prices do give BTC and crypto a chance to affect the future!
Can cryptocurrencies affect the global market right now?
One of cryptocurrency’s benefits is that you can send money from one country to another with a lower rate of remittance compared to banks and other money exchanges. So we can expect how this can totally change how the global market will function and interact with different countries.
They will surely play a huge part in fighting inflation in some nations.
Can cryptocurrencies affect the global market right now?
The fact that it is having a direct impact, it is not an exaggeration to talk about crypto as a rising star in the financial world. In just the time that bitcoin has been active, we have been exposed to a lot of impacts from it. With its current scale, there is no doubt about the influence that cypto is creating. I am also a lover and always support this market, so I always feel great when it goes through challenges to develop grow larger.
cryptocurrency can have a big impact on financial markets globally, therefore there are several countries that deliberately ban crypto to protect their country's economy. however, in terms of impact, perhaps it is not very significant at the moment because crypto in particular is currently regulated by many countries and its capitalization is still smaller than the stock market ($109 trillion dollars), so the crypto market does not have much of an effect on the global financial market at this time. this. however, it is possible that as the crypto market develops and there are more and more adopters globally, the development of the crypto market will disrupt the global financial market.
Can cryptocurrencies affect the global market right now?
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