Who sets crypto prices

who sets crypto prices

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What makes the Price of Crypto Go Up or Down?
The Bitcoin price is defined by supply and demand. When there is more demand for Bitcoin, the price goes up. When there is less demand, the price goes down. The market sets the price of bitcoin as same as Gold, Oil, Sugar, Grains, etc. is determined. Price is determined by the relationship between supply and demand. The total amount of most cryptocurrencies is limited by max supply.
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  • who sets crypto prices
    account_circle Shalrajas
    calendar_month 06.09.2021
    It agree, this excellent idea is necessary just by the way
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132.50 usd in bitcoin

Bitcoin has attracted the attention of retail and institutional investors, increasing demand fueled by increased media coverage, investing "experts," and business owners touting the value bitcoin has and will have. Bitcoin is neither issued nor regulated by a central government and, therefore, is not subject to governmental monetary policies. Bitcoin is a unique asset that is relatively new, so the future is generally considered uncertain. Large currency holder risks.