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March 03, 2021, 06:29:41 PM |
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Bitcoin is no way connected to USD, it's just used to know its actual rate, so if the price of USD goes down it doesn't affect the price of bitcoin rather it affects the rate at which its priced against bitcoin.
USD is a fiat currency controlled by the US government, it's actually not a digital currency so its no way connected to bitcoin, bitcoin is a decentralized currency which is controlled by nobody or government, there are actually much difference between this two, there are only used for comparison to know the actual rate at which people could be able to transact.
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