Why The US/China Trade Wars Could Be Great For Bitcoin Prices

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Why The US/China Trade Wars Could Be Great For Bitcoin Prices


Opinion – It has long been known that the financial world is highly interconnected with politics. Decisions made between countries can often have a large ripple effect on the prices of stocks, commodities or other assets.

Cryptocurrencies are no exception, and as the upcoming trade war between US and China begins to take hold, many wonder whether Bitcoin prices could be affected by stricter tariffs imposed on Chinese imported goods to the US, particularly as we consider the correlation between fiat currency values and crypto prices, in addition to China’s massive influence over Bitcoins mining operations.



Read more here: https://cryptopotato.com/why-the-us-china-trade-wars-could-be-great-for-bitcoin-prices/
Author: TOJU OMETORUWA