Stock Market Plunges But Has No Impact on Crypto: No Correlation? by bitcoinhomework

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cryptocurrency · @bitcoinhomework · Oct 25 '18

Stock Market Plunges But Has No Impact on Crypto: No Correlation?

![Screen Shot 2018-10-25 at 2.33.10 PM.png](https://cdn.steemitimages.com/DQmPBsTksE4tVuqH7KdZ15crPfdsiNFNveoNWSjKUsemZCh/Screen%20Shot%202018-10-25%20at%202.33.10%20PM.png)

This week, the US stock market deleted all of its gains made in 2018 amidst a major sell-off. The crash had no impact on the crypto market, showing no signs of inverse correlation. October is one of the most exceedingly terrible months since the banking breakdown with the index of America’s greatest companies presently down almost 10%.

![Screen Shot 2018-10-25 at 2.34.50 PM.png](https://cdn.steemitimages.com/DQmZ5g4wfq3SsyCEMYoxkTaMwCK19EfRvg9n5fA7Yx7Bytt/Screen%20Shot%202018-10-25%20at%202.34.50%20PM.png)
![Screen Shot 2018-10-25 at 2.35.46 PM.png](https://cdn.steemitimages.com/DQmNND2CQvmfXMXEKBM7UyCnTh5RPfVTzqxrso3L9hAK8Ce/Screen%20Shot%202018-10-25%20at%202.35.46%20PM.png)


Will the stock market crash increase the market capitalization of bitcoin and other cryptocurrencies worldwide? What do you think? 


![Upvote and Resteem.png](https://cdn.steemitimages.com/DQmPpNe2iDcUjUFSWJpnVqjy9pm6T6mtNPNXEDCNEcxtJC4/Upvote%20and%20Resteem.png)

👍 hodlcoin, bitcoinhomework

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@bitcoinhomework · Oct 25 '18 (edited)

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@steemitboard · Nov 16 '18

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@steemitboard · Nov 16 '19

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