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Cause and effect: Will the Bitcoin price drop if the stock market crashes?

Published 08/14/2021, 09:33 AM
Updated 08/16/2021, 02:20 PM
Cause and effect: Will the Bitcoin price drop if the stock market crashes?
BTC/USD
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The year 2009 was marked by both the genesis of Bitcoin and the United States stock market starting an unprecedented bull market — one that’s continued almost uninterrupted since. However, murmurings of a crash are always present, and the noise has recently been getting louder.

Against the backdrop of COVID-19 refusing to go away, stocks keep pushing higher, backed by an unprecedented amount of government support. But now that quantitative easing policies are no longer being implemented, is the talk of a stock market crash justified?

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