Yes real world market dumps do affect crypto markets (initially).. because theres something called panic.
But historically, yes, it is exactly the case... because Bitcoin has a fixed maximum supply of 21M coins... and the dollar's supply keeps increasing... the value of Bitcoin vs the Dollar increases.
This is 98% of the reason why Bitcoin has gone from $200 in 2013... to $30,000 today.
It's 100% true. But there is a delayed effect.
Yes real world market dumps do affect crypto markets (initially).. because theres something called panic.
But historically, yes, it is exactly the case... because Bitcoin has a fixed maximum supply of 21M coins... and the dollar's supply keeps increasing... the value of Bitcoin vs the Dollar increases.
This is 98% of the reason why Bitcoin has gone from $200 in 2013... to $30,000 today.