global stock markets are under bearish pressure

[AnonBitCoiner]

Wall Street tumbled on weekend trade after Fed Chair Jerome Powell's speech in Jackson Hole, which signaled that the US central bank would continue to raise interest rates to tame inflation, dashing investors' hopes of a gentler rate hike path.
My question is will this have any impact on cryptocurrency projects

Yes this stock market will put very bad effect on price of Bitcoin which cause whole crypto market bear. Currently inflation rate is so high and overall situation is very bad . No one is in condition to invest big. Some analyst says that inflation rate may go up above 40% in 2023. If it happened then we will see big dump in crypto market also.

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[seleme]

Wall Street news surely affects the US economy which counts as a dominant factor for global economic development. The downtrend in US stocks and top Indexes has side effects on related industries including crypto markets. Investors don't look for risky markets to invest in since the recession is on a global level. The point here is when an economic recession going on, don't expect a bull market on crypto markets. Probably, we will see another leg of the current downtrend unless the green screen turns on for Sp500 and DJI indexes, IMHO.

[$anounimus$]

My question is will this have any impact on cryptocurrency projects

If the new bear market continues, then price volatility and awareness is higher when market price volatility is lower, it can create real change. There may be some potential disappointment in the apparent lack of movement, but make no mistake this creates greater market participation going forward. This is where we are today.

[South Park]

Wall Street news surely affects the US economy which counts as a dominant factor for global economic development. The downtrend in US stocks and top Indexes has side effects on related industries including crypto markets. Investors don't look for risky markets to invest in since the recession is on a global level. The point here is when an economic recession going on, don't expect a bull market on crypto markets. Probably, we will see another leg of the current downtrend unless the green screen turns on for Sp500 and DJI indexes, IMHO.

It is natural that investors are avoiding markets which they see as speculative and the market of cryptocurrencies falls into that umbrella, most likely the current economic issues we are facing will continue for a long time which means the price of bitcoin will also have problems to go up, still despite all of that we know that bitcoin still holds a great potential and it is just a matter of time until it manifest itself which is why it is a good idea to buy some bitcoin now and hold it until that day comes.

[batang_bitcoin]

We're seeing the impact, the increase of the interest rates are showing how the US dollars is dominating the markets now. And just like the other markets, the crypto market has stumbled although for this day, we've seen a quick reversal and recovery.
I don't know what's with it right now but one thing for sure is that, we're able to see that crypto market is also being moved by the action that the fed has made.

[Ayers]

We're seeing the impact, the increase of the interest rates are showing how the US dollars is dominating the markets now. And just like the other markets, the crypto market has stumbled although for this day, we've seen a quick reversal and recovery.
I don't know what's with it right now but one thing for sure is that, we're able to see that crypto market is also being moved by the action that the fed has made.

even gold, which is considered a stable asset, is not immune from the impact of the Fed's rate hike, when the dollar benefits the most from the rate hike
other risky assets like stocks and cryptocurrencies are bound to have negative effects, rising interest rates make the usd stronger, investors will choose usd as a safe haven over other assets
i woke up and was quite surprised to see bitcoin rise above 21k, do you have any information that made bitcoin price go up so fast?

[batang_bitcoin]

We're seeing the impact, the increase of the interest rates are showing how the US dollars is dominating the markets now. And just like the other markets, the crypto market has stumbled although for this day, we've seen a quick reversal and recovery.
I don't know what's with it right now but one thing for sure is that, we're able to see that crypto market is also being moved by the action that the fed has made.

even gold, which is considered a stable asset, is not immune from the impact of the Fed's rate hike, when the dollar benefits the most from the rate hike
other risky assets like stocks and cryptocurrencies are bound to have negative effects, rising interest rates make the usd stronger, investors will choose usd as a safe haven over other assets
i woke up and was quite surprised to see bitcoin rise above 21k, do you have any information that made bitcoin price go up so fast?

I don't have any information regards to the sudden rise of bitcoin. But we can have that conclusion that it's just the normal day for bitcoin that we get after going down that much.
It's the usual opposite that bitcoin does whenever it goes down too deep and then as it recovers, we're seeing that it's totally recovering a lot from that last dump it gets.
So, it's like the vice versa.

[Oceat]

of course it will have an impact on crypto projects although not too much but I'm sure it's entirely because of cycles and the bear market that usually comes in a 4 year cycle that has been trusted from the past until later, so maybe that's one of the reasons that makes the market a bear

Nah, every market has their own different market cycle it's just that this time due to inflation they are suffering from the bearishness. And Bitcoin market cycle is usually 4 year cycle since that's the time when Bitcoin halving to start and after a months of that halving the people will slowly feel the effects of halving. It's all just about demand and supply.

Global stock market isn't immune to anything especially when their government continue to print money out of thin air that's the effect of making money.

[Novita]

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My question is will this have any impact on cryptocurrency projects

Your account isn't new, so unless you have been living under a rock you should know that stocks most definitely have impact on crypto markets. We know this because it has happened many times in the past. But right now it could be even worse because this bear will be on whole another scale. Although i personally think we have seen the bottom when i look at the charts, we could stay here for a while because future is really uncertain as stocks react to world events and Europe is really volatile right now.

It is true what you say, that my account is not new, and I have been in crypto for a long time since 2017, and I have stopped investing in the crypto world, because some of the coins I held or bought were lost in the crypto market , and recently I tried to restart to invest in the crypto market, I am optimistic that Bitcoin, Ethereum and several other Altcoins will bounce back even though Europe is currently in turmoil.

[Novita]

2023 could be worse and crypto market will be affected, we are still in a bear market and inflation may rise more in 2023, war is still ongoing and it looks like this will go on for a while, things aren't looking good and we will have a taste of it starting from September next month.

Even if you experiment that in 2023 it will be worse for the crypto market because the war is still going on or by some other accident that makes all of us lose money.
But I think positively that at the beginning of the year or the middle of 2023 it will be a great surprise for all of us, because in 2022 all dreams and hopes are blocked by the Bullish action and the economic situation around the world is very unstable. And I also believe that the crypto market will recover and increase more interest in 2023.

[Kadal Ijo]

Difficult global economic conditions make almost all types of business and investment decline, this has happened in early 2010, then in 2018, and now it is repeated, the stock market is a real picture of investment conditions, if the red stock market is more than 3 months then it can It is said that there will be many more complicated problems.

[ahmia39]

Wall Street tumbled on weekend trade after Fed Chair Jerome Powell's speech in Jackson Hole, which signaled that the US central bank would continue to raise interest rates to tame inflation, dashing investors' hopes of a gentler rate hike path.
My question is will this have any impact on cryptocurrency projects

This increase could recover most of the losses suffered by investors over the last six days.
Actually, when normal conditions should be when interest rates go up, the crypto market goes down. Currently being abnormal condition by inflation. So this interest rate increases to normalize the money supply, the value of fiat money will increase so that people's purchasing power grows

[traderethereum]

Wall Street tumbled on weekend trade after Fed Chair Jerome Powell's speech in Jackson Hole, which signaled that the US central bank would continue to raise interest rates to tame inflation, dashing investors' hopes of a gentler rate hike path.
My question is will this have any impact on cryptocurrency projects

I hope that it will impact cryptocurrencies so that they can restart their rally and increase their prices so that people still playing stocks will see that cryptocurrencies can provide an opportunity for huge profits.
But it looks like it will impact cryptocurrencies, but we will not know what the impact will be and we can only wait until it happens.
Or maybe stock investors will start moving to cryptocurrencies because there is an opportunity for profit elsewhere.
And if that happens, cryptocurrencies will increasingly grab a place for investors and they will leave stocks

[monineklutak]

Difficult global economic conditions make almost all types of business and investment decline, this has happened in early 2010, then in 2018, and now it is repeated, the stock market is a real picture of investment conditions, if the red stock market is more than 3 months then it can It is said that there will be many more complicated problems.

The current global economic condition is truly extraordinary and it is beyond belief that there are so many problems that exist,
it makes the stock market and other markets go down,
we'll see what it will look like at the end of the year and hopefully the problem can be resolved soon

[South Park]

Since the bearish market, all coins have dropped drastically, not only in the stock market, but the crypto market is also not good, I think the two have indeed played a role in one path can be said to be very side by side, and until now the bearish market has continued and we do not know when this will end, and for some investors, they can take advantage of the current situation to invest and they are ready to bear every risk.

The global crisis has a huge impact on the current market situation that we have right now. All the current events and occurrence affects the prices of top coins, especially Bitcoin. I think this situation will continue until the global economy and stock market recover. Some people who are drastically affected by the crisis couldn't even have enough investment. Obviously,/it will take time before the market recovers again.

While unlikely it is also important to prepare ourselves for the very real possibility that the current economic system could fall in its entirely, this may seem to be almost impossible for those which do not know anything about the economy, but as far as I know that is something that happened three times during the 20th century, so I do not see how something like that could be impossible and I will expect that it will happen again, if I'm completely honest this is not something that I want to see, but it is a very real possibility and we must prepare for it.

[icalical]

Now is what recession look like in the global stock market, I don't think the stock market will have any impact on crypto, even if it has it will be good for crypto since the investor will move their try to move their money from stock to crypto. But the recession itself will have some bad effect on crypto if it's getting worse.

[ethereumhunter]

Now is what recession look like in the global stock market, I don't think the stock market will have any impact on crypto, even if it has it will be good for crypto since the investor will move their try to move their money from stock to crypto. But the recession itself will have some bad effect on crypto if it's getting worse.

I think it will still be an impact that will be felt by crypto because we have seen that the movement of crypto is also influenced by what is happening in the world. Maybe it wasn't seen a few years ago but with the popularity of crypto today and investors in crypto also increasing, it will have its own impact on crypto. And if the recession in the stock market is more severe than before, it may also affect crypto and investors shift their funds to crypto. But hopefully, the impact experienced by crypto will not be too bad and crypto can still survive and even continue to get more investors from the stock market.

[Novita]

Wall Street tumbled on weekend trade after Fed Chair Jerome Powell's speech in Jackson Hole, which signaled that the US central bank would continue to raise interest rates to tame inflation, dashing investors' hopes of a gentler rate hike path.
My question is will this have any impact on cryptocurrency projects

It certainly will.  Just in theory less "profits" from other markets limits the amount of free capital they have to put money into fringe ideas like crypto (yes its still niche based investing).  Good global market good for crypto and vice versa in my eyes.

What does this mean for sure...?
will this have an impact on cryptocurrency projects? Sorry bro, because I am confused by your answer “In theory, less “profit” from other markets limits the amount of free capital they have to put money into fringe ideas like crypto”.
please explain so that the question with your response can be understood by other members.

[South Park]

Now is what recession look like in the global stock market, I don't think the stock market will have any impact on crypto, even if it has it will be good for crypto since the investor will move their try to move their money from stock to crypto. But the recession itself will have some bad effect on crypto if it's getting worse.

It will have an impact we just do not know how big the impact will be, we must understand that while years ago the only ones that invested in bitcoin were people which believed in the technology, this tendency has changed during the last years and now we have more institutional investors than ever, and those people are holding stocks, so if the stock market goes down then they will have to gather cash from other sources to pay for what they need and want, and since cryptocurrencies are now part of their portfolios then it makes sense they will sell some to raise some cash, this will increase the supply available at exchanges while decreasing the demand and this is the perfect recipe for the market of cryptocurrencies to go down.

[AnonBitCoiner]

 crypto market are also in bear. There are always whales and exchanges that manipulate the market.  The same thing happens with the CPI report, as you log in and tell us that the interest rate is high and the market crashes or the interest rate is low.  CPI report also came in handy but the market still got dumped.