Cryptocurrency Q&A What makes BTC go up or down?

What makes BTC go up or down?

DongdaemunTrendsetter DongdaemunTrendsetter Fri Nov 29 2024 | 7 answers 1385
I'm wondering about the factors that influence the price movement of Bitcoin, specifically what causes it to increase or decrease in value. What makes BTC go up or down?

7 answers

SoulStorm SoulStorm Sat Nov 30 2024
Bitcoin's price fluctuation is driven by several key factors.

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GeishaMelodious GeishaMelodious Sat Nov 30 2024
Another critical aspect affecting Bitcoin's price is market demand.

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MountFujiVista MountFujiVista Sat Nov 30 2024
One of the primary influences on Bitcoin's price is its supply.

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Nicola Nicola Sat Nov 30 2024
The availability of Bitcoin on exchanges and in the broader market also plays a role.

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Stefano Stefano Sat Nov 30 2024
The total number of bitcoins is limited, creating a finite supply.

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