With the continuous development of science and technology, emerging industries are constantly emerging. As an emerging industry, Bitcoin has attracted many people's attention. Bitcoin has increased by tens of thousands of times in more than ten years, which makes many people feel incredible. Bitcoin has also become a symbol of wealth in everyone's mind. The sharp drop in bitcoin prices will have an impact on the stock market. In particular, bitcoin funds and blockchain technology closely related to bitcoin will be greatly affected. When bitcoin plummets, it will also plummet, causing losses to investors.
First of all, the sharp drop in bitcoin prices will have an impact on bitcoin funds.
As we all know, fund is a special investment product issued by fund companies. After the popularity of Bitcoin, many institutions also set up Bitcoin funds. They buy bitcoin as their investment direction, and the sharp drop in bitcoin will have a great impact on their share price, because the price of the fund has a great relationship with the rise and fall of bitcoin, and the sharp drop in bitcoin price will have an impact on bitcoin funds.
Second, the sharp drop in bitcoin prices will have an impact on the blockchain.
The popularity of Bitcoin is entirely due to the unique technology of blockchain, which keeps everyone transparent. This technology may be the way out for the future Internet era, which can change many traditional Internet ways. The sharp drop in bitcoin prices will have a great impact on the blockchain, and the stocks related to the blockchain will also fall sharply due to mutual integration and interaction.
Third, how to treat the bitcoin crash?
Personally, I think it is normal for Bitcoin to plummet. After all, bitcoin has risen too much during this time, and nothing can only rise or fall. Moreover, Bitcoin itself is not profitable and is worth more than $50,000. The total market value has reached trillions, and the valuation of Bitcoin has been relatively high. I think the plunge is normal.