Trump vs Crypto World

There is almost no economic news now that does not include talk about Bitcoin and cryptocurrencies. Whether in financial news, or even in ordinary people's discussions, the topic has become everywhere. This is very normal with all the events that are happening, especially after Trump's recent statements that caused some concern, but at the same time, were a major factor in the market's momentum.

The decline that occurred after his speech was expected, because any statement from a figure of his stature directly affects traders and investors, and many people saw that his speech was a kind of market manipulation. But if we think about it, we find that despite the decline, the market quickly rebounded, which means that liquidity is still there and people are still interested. On the contrary, we can say that Bitcoin came out stronger than before.

I believe that what happened with Trump's statements was not just a momentary effect, but it increased the discussion about regulating digital currencies and the extent of the impact of politics on the market. Many people saw what happened as evidence that cryptocurrencies are not just a temporary bubble, but have a strong place in the global economy, otherwise people like Trump wouldn't be talking about them like this.

I hope that in the coming period we will see positive development in the market instead of fearing the fluctuations that occur with every news. It is true that politics and economics are linked, but what Bitcoin has proven is that it always has a good ability to recover, and this in itself is an indicator that makes anyone interested in the market think twice before ignoring it.

What is also very clear is that every time there is controversy surrounding Bitcoin, we find more interest from new investors. That is, even those who were far from the field want to understand how these statements affect the market and why cryptocurrencies have become an essential element in the modern economy. This in itself is a good thing, because adoption increases, and with it the strength of the market increases, even if there is a momentary decline. People quickly learn that fluctuations are a natural part of the game, and those who have a long-term vision often do not worry easily.


Image Credit

0.00000000 BEE
0 comments