I hope to find answers here, but what would happen to crypto if Bitcoin would drop to $0 - Latest Hindi News , International , Bussiness , Sports ,Tech Info

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Sunday, May 14, 2023

I hope to find answers here, but what would happen to crypto if Bitcoin would drop to $0

/u/34SisCryptocurrency News & Discussion https://ift.tt/b4TZJKt

I hope I am not conjuring this sub's dislike, but the question that I've asked myself for a long time already is what would happen to the whole crypto market, if Bitcoin's price would suddenly drop to $0?

I know that it is very unlikely to happen, but this mind thought is quite interesting.

Most of us have BTC in their portfolio, probably takes the biggest chunk in our wallets. Besides it's very painful for almost every crypto investor, will it crash the price of most coins to zero, too?

What will happen to the exchanges?

Will it affect the stock market, too?

Will regulations get even tighter after this scenario?

What will happen to "stablecoins"? Can it also affect the USD?

And what will happen to Ethereum, the second largest cryptocurrency?

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