I'm wondering about the factors that influence the price movement of Bitcoin, specifically what causes it to increase or decrease in value.
7 answers
SoulStorm
Sat Nov 30 2024
Bitcoin's price fluctuation is driven by several key factors.
GeishaMelodious
Sat Nov 30 2024
Another critical aspect affecting Bitcoin's price is
market demand.
MountFujiVista
Sat Nov 30 2024
One of the primary influences on Bitcoin's price is its supply.
Nicola
Sat Nov 30 2024
The availability of Bitcoin on exchanges and in the broader market also plays a role.
Stefano
Sat Nov 30 2024
The total number of bitcoins is limited, creating a finite supply.