How Politics Effect the Crypto Price (Crypto Market)

[AlexanderM]

How exactly does politics and political discussions, events and decisions effect the price of Bitcoin which subsequently changes the value of the whole Crypto Market? Surely, it shouldn’t have an affect as Crypto is decentralised meaning there is no central authority and Political decisions are centralised?

Is there a time where it could have an adverse impact and actually increase the price of the Crypto Market, rather than decrease the value in Crypto?

 

[Lens]

The government policies will likely have effect on the crypto market. This is because the policies may have direct influence on the dollar which is linked to the crypto price.

 

[Lens]

It is true that the government policies is one of the factors that affect the price of cryptocurrencies. I could say it is one of the ways to artificially influence the market structure of cryptocurrency.

Yes! It is very possible to artificially influence the cryptocurrency market sentiment via the government policies and this has been in place for quite some time now in the cryptocurrency space

 

[Sotherefore]

Personally , what I always observe is that when there is a serious election was especially in UK and the United States of America , there is likely to be an increase in the price of bitcoins . How this politics affect bitcoins is what I do not know.

 

[glitch]

The current war has impacted crypto as well as the effort to go more "green". I feel like we have hit a wall with crypto and will have to remedy a lot of the political issues to get past it.

 

[joy101]

The politics effect the price because they really don't want the traders to make profit the investment, that is why something them will increase price for them not buy when them supposed to buy it.

 

[Popular]

Government policies can affect crypto either directly or indirectly, it is actually a matter I've not really understand as to why it does rise around election times in some countries.

 

[tyrim88]

I think the aspect government policies can have an effect on the cryptocurency market is when the authorities decide to come up with a curtain on the use or trading of crypto through financial institution or any official means.

 

[Smiles20]

Certain decisions like burning cryptocurrency applications or arresting people who are involved in cryptocurrency trading are definitely going to scare away people from investing.

 

[HayKay]

Politics shouldn't have a direct impact on crypto prices or movements but I'm postulating it could have an indirect effect in the sense that these companies are headed by individuals that can be influenced or infiltrated by government representatives.
Just my thinking though

 

[Emmy]

Politics can just affect crytpo based on the government on the seat to decide how economy of a country would be. Some political party might have interest in bitcoin and some might not so the impact is indirectly.

 

[Kelly5]

Yes I believe there comes a time when politics in the form of government sanctions and bans will affect the cryptocurrency market. Talk of countries having the greatest users and transactions in cryptocurrency, that will have a very great impact if government gets involved.

 

[tyrim88]

Certain decisions like burning cryptocurrency applications or arresting people who are involved in cryptocurrency trading are definitely going to scare away people from investing.

There is a limit to which any state government can go when it comes to the issue of regulation and control of how people invest in cryptocurency,because the system is way too decentralise and cannot be monitored.

 

[Yohanna]

There is a limit to which any state government can go when it comes to the issue of regulation and control of how people invest in cryptocurency,because the system is way too decentralise and cannot be monitored.

This is definitely the true because the decentralization feature of cryptocurrencies would make it a little bit difficult for any government to interfere or tampered with it. But we should note that governmental policies could influence the price of cryptocurrencies . Eample is the recent increase in the interest rate by the fed.

 

[tyrim88]

This is definitely the true because the decentralization feature of cryptocurrencies would make it a little bit difficult for any government to interfere or tampered with it. But we should note that governmental policies could influence the price of cryptocurrencies . Eample is the recent increase in the interest rate by the fed.

Well the aspect of government policies influencing the price of cryptocurency,could be seen when access to the account of citizens are ristricted from directly carying out crypto transaction from their account.

 

[Lynaia]

Even though crypto is decentralized, governments still have several ways of influencing crypto price. They can regulate the price of digital assets through buying and selling through international market and also engage in creating strict regulations that could lead to an increase in cost

 

[Smiles20]

People actually have to work and get paid in the offline business before they are going to transfer it online. This means that the policies of workplace and what the government has put in place is going to affect earnings.

 

[tyrim88]

This is definitely the true because the decentralization feature of cryptocurrencies would make it a little bit difficult for any government to interfere or tampered with it. But we should note that governmental policies could influence the price of cryptocurrencies . Eample is the recent increase in the interest rate by the fed.

Well the aspect of government policies influencing the price of cryptocurency,could be seen when access to the account of citizens are ristricted from directly carying out crypto transaction from their account.

 

[Yohanna]

Well the aspect of government policies influencing the price of cryptocurency,could be seen when access to the account of citizens are ristricted from directly carying out crypto transaction from their account.

That's another interesting point because the government may decid to freeze your account and not allow you trade cryptocurrency . It's another way to exercise power over the decentralized money.

 

[Syldan]

Actually the politics and the political well played a vital role I'm determining the price of cryptocurrency within a period of time. There influence either positively or negatively shows in the demand.