Mitch's opinion on how stock market could affect crypto this year. He explains how news that is not bullish will drag down any market that requires capital infux to appreciate.
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▶️ 3Speak
Stock market to me doesn't affect crypto but we hope it increases as well to make impact to progress which I believe can showcase that positive move this year
I sincerely think it should have a better impact on it rather than having a negative effect on it right now.
But let see what the stock market has invoke too and I want to say the year is still very fresh to me
Hopefully it can and I think am of the opinion of the bullish forecast and news too might contribute and have some negative effect too on crypto,but of all let wait and see what tends to come out of stock market too
Sincerely what I believe is that it should have great positive impart to all investors this year which I think with patients enough it can be better
I totally understand Mitch perspective on the matter and I think that holds lot of truth. After Seeing the stock market go down in recent weeks and months, the crypto market have always followed suit and we could be seeing more of that in the future
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Indeed news that have sent the stock market going down seem to have also had effect on the crypto market. I'm forced to believe this days that there's some of correlation between both market. I guess we are seeing this because institutional investors are on both markets
I think that stocks and crypto are moving in the same direction as some stocks already invested in crypto or are going into it. On the other side, there are still stocks flying independently, one that I am invested in and comes to mind is CHEVRON.
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