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Cryptoknowmics 2022-03-09 18:00:14

Will the Value of Crypto Rise if the Stock Market Crashes?

2009 marked the beginning of an unprecedented bull market for both Bitcoin and the U.S. stock market, which has continued almost unabated since. However, there are constant rumblings of a crash, and the noise has lately increased. Not only due to stocks, a new COVID version and increased interest rates are driving firms to pay more to borrow money. This has prompted a decline in global markets. Cryptocurrency markets have been affected by this, along with worries of increased regulation. How likely is it for the stock market to crash? Taking cryptocurrency out of the equation, the mounting conjecture that a collapse is inevitable is based on sound reasoning. In the United States, the inflation rate was much higher than projected in June. There is currently a debate on lifting the debt limit due to the government’s ongoing issuance of bonds and accumulation of debt. Of course, the continuing pandemic relief effort justifies this. Government stimulus programs are being implemented, although other indicators, like the price of U.S. stocks, show that the money being spent is not necessary. The real estate market in the United States is also booming, and the Federal Reserve has previously voiced worry that investors are growing more irresponsible, citing the interest in-joke stocks and cryptocurrencies as examples. Speculation that a collapse is imminent due to all this money flowing into the economy is well-founded. Crypto value s...

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