Bitcoin

 How is the price of bitcoin determined?

Answer: According to supply and demand. The price rises when the demand for Bitcoin increases, and decreases when the demand decreases. We can say that the price of Bitcoin shows...

Answer: According to supply and demand. The price rises when the demand for Bitcoin increases, and decreases when the demand decreases

We can say that the price of Bitcoin shows how much people are willing to pay for a currency at a given time based on their expectations regarding its future value, and the same is true with regard to the price of any other currency, whether it is regular mopeopl

Why is the price going up:

The supply of currency is limited, there are only 21 million bitcoins. There are currently over 16.7 million bitcoins on the market, and it may take more than 120 years to reach the 21 million limi

- Technological development: Mayt.

Why is the price going down:

We may see the bitcoin price drop in response to technological problems, system failures, undesirable regulations, restrictions on its use, or media focus on the negative side of it, a

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