What determines the price of Bitcoin?
The market forces of supply and demand affect the price of Bitcoin. When there are more sellers, the price usually goes down and vice versa. Bitcoin prices are also affected by factors such as media coverage, investor sentiment, and regulatory news, resulting i
The market forces of supply and demand affect the price of Bitcoin. When there are more sellers, the price usually goes down and vice versa. Bitcoin prices are also affected by factors such as media coverage, investor sentiment, and regulatory news, resulting i
BTC-0.76%