An awful lot of crypto seems to track along with the American stock market. Maybe not an exact mirror, but if watch big drops/gains in S&P, you’ll usually see big drops/gains in something like BTC, anyway.
No, but if the dollar tanks then crypto arbitrage bots will make sure the value of the dollar vs. crypto tanks along with it. People invested in crypto (but who live in dollars) get a big win at the expense of everyone else.
An awful lot of crypto seems to track along with the American stock market. Maybe not an exact mirror, but if watch big drops/gains in S&P, you’ll usually see big drops/gains in something like BTC, anyway.
Not sure about Taco’s shitcoins, though.
No, but if the dollar tanks then crypto arbitrage bots will make sure the value of the dollar vs. crypto tanks along with it. People invested in crypto (but who live in dollars) get a big win at the expense of everyone else.