In the past few days, after announcing policies regarding the Tax on stock markets, the countries are all in the red...
For several days now, the US stock market has been evaporating daily, with numbers larger than the entire market capitalization of Crypto.
Stocks are being directly affected and are sharply declining right after the news because manufacturing and trading companies will be impacted in their import-export processes, which relates to revenue and profit.
As for Crypto, Bitcoin is currently still holding strong at around 83k$ ; it seems that BTC may have a lag compared to stocks...
The last 2 days of the weekend when the stock market closes will be the time when all attention shifts to the Crypto market. We will follow BTC and altcoins to see how they will perform!
