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whisper92
@whisper92
Global political events, such as the post - Brexit developments in the UK, can indirectly affect cryptocurrency market prices through their impact on the macro - economic environment. If Brexit leads to economic uncertainty in the UK and Europe, it may cause investors to seek alternative assets. Bitcoin, with its decentralized and limited - supply nature, could potentially be seen as a safe - haven asset. However, if the political event triggers a broader economic downturn, it may also lead to a reduction in overall investment, including in cryptocurrencies. The impact depends on how the political event affects global economic confidence and the flow of capital.
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