Cryptocurrency Q&A
Why does crypto swing so much?
Why does crypto swing so much?
KimonoGlitter
Fri Nov 08 2024
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6
answers
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I've been observing the cryptocurrency market for a while and I can't help but notice the extreme swings in its value. It seems like the prices go up and down so rapidly and drastically. I'm curious to understand what factors cause such volatility in the crypto market.
6 answers
LightningStrike
Sun Nov 10 2024
The circulation of Bitcoin coins significantly impacts its overall worth.
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NebulaSoul
Sun Nov 10 2024
Supply and demand play a pivotal role in determining the prices of numerous commodities.
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WhisperEcho
Sun Nov 10 2024
This economic principle holds true for various goods and services across different industries.
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Leonardo
Sun Nov 10 2024
In the realm of cryptocurrencies, Bitcoin's market value is particularly influenced by these factors.
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KiteFlyer
Sat Nov 09 2024
The scarcity or abundance of coins in the market can drive up or down its price.
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