Im just wondering. Bitcoin is so expensive. What if dollar value get low will it affect bitcoin value?
it is not the value of the dollar or other fiat currency to influence the value of the bitcoin, as it is only its countervalue.
There are external factors (for example: economy, politics, natural events, wars) that can influence both the value of fiat coins and the value of bitcoin or other cryptocurrencies, now or in the future.
The value of dollar has nothing to do with that of bitcoin. Bitcoin and dollar are entirely different currencies and they are not at all dependent on one another in any way. Dollar is just used as the currency which tells us the market value of bitcoin as compared to that of real world currencies and that’s all. Other than this, there is no such sort of involvement of dollar in effecting the value of bitcoin.