Other businesses has done this too, and it has also affected the stock market value of these companies. Where businesses make more channels as payment options for those who don't have such cash in account or fear IRA or other regulatory and tax bodies that would trail one with such huge cash bases; the crypto holders acquire properties from the businesses who are ready to accept cryptocurrency as exchange for their products or services, thereby they influence the prices of these products or services when others see this success and subscribe to same means of payments for commerce.
Are there other factors that influence the prices of cryptocurrency? Let's discuss!
Price influences, depending on the size of course, is not something that is permanent, which means that they could influence it for the period that news is relevant, but after a week or a month, it will become old news and the price will be whatever it wants to be.
There were times when a big company accepted bitcoin payments, which made it go up for like a week but that's it and nothing after that, and then the same exact company took that off, and it dropped for a week but that's it, nothing more. So, these do impact the price of bitcoin there is no lie there, but at the same time it doesn't do it for a long time, just a sudden flash change, then nothing else.