What Causes Increase and Decrease in the price of Cryptocurrency?

[Hate2Wait]

I'm yet to figure out if what is the reason of sudden increase and decrease in the price of different cryptocurrency and would love to learn in simple language. Thanks

 

[Starmix]

I heard the news about it and it worries many but happy feelings for those crypto buyers for they are going to sell their crypto when the price goes higher.

 

[Bisolami]

I'm yet to figure out if what is the reason of sudden increase and decrease in the price of different cryptocurrencies and would love to learn in simple language. Thanks

The only thing I noticed in the price action is that when people buy the coin, it becomes expensive and when they sell, it becomes less

 

[Hate2Wait]

The only thing I noticed in the price action is that when people buy the coin, it becomes expensive and when they sell, it becomes less

I think you are right. So this means there are fixed number of crypto coins so whenever large number of people buy then it's price increases and when they sell then it increases

 

[Bisolami]

I think you are right. So this means there are fixed number of crypto coins so whenever large number of people buy then it's price increases and when they sell then it increases

You got my point. At the same time, there are other factors that determine the price of crypto currency which I don't know

 

[Hate2Wait]

You got my point. At the same time, there are other factors that determine the price of crypto currency which I don't know

I think these are the factors and there are events that trigger bulk purchase and sale like recently the FXT issue causes a decline in the prices

 

[Suba]

@Ginger Crypto fluctuations that cause crypto prices to increase and decrease, in economic theory are supply and demand factors. Let's look at the other causes or reasons; many agencies/companies have adopted crypto in large numbers. So the supply in the market is reduced. News, commentary, tweets from celebrities like Elon Musk on Dogecoin. Government regulations such as the Fed raise interest rates.

 

[Hate2Wait]

@Ginger Crypto fluctuations that cause crypto prices to increase and decrease, in economic theory are supply and demand factors. Let's look at the other causes or reasons; many agencies/companies have adopted crypto in large numbers. So the supply in the market is reduced. News, commentary, tweets from celebrities like Elon Musk on Dogecoin. Government regulations such as the Fed raise interest rates.

Thanks for the explanation yes now I understood that these are the factors that are the reasons for the decline and increase in crypto prices and that will certainly help and I would like to learn more about crypto currency and get better at it.

 

[Bisolami]

Thanks for the explanation yes now I understood that these are the factors that are the reasons for the decline and increase in crypto prices and that will certainly help and I would like to learn more about crypto currency and get better at it.

Also, I think there is a way they control and regulate the prove which seem not to be transparent to us

 

[Suba]

Also, I think there is a way they control and regulate the prove which seem not to be transparent to us

Many governments deliberately control cryptocurrencies, so that the circulation of their fiat money is not disturbed by the amount of circulation of crypto, maybe you can imagine if a country has too much fiat money exchanged for crypto, there will be a shortage of circulation of fiat money and it will disrupt their economy.

 

[Bisolami]

Many governments deliberately control cryptocurrencies, so that the circulation of their fiat money is not disturbed by the amount of circulation of crypto, maybe you can imagine if a country has too much fiat money exchanged for crypto, there will be a shortage of circulation of fiat money and it will disrupt their economy.

Ooh I understand your point. Thanks for enlightening me. I was also thinking of the way that they regulate and control crypto currency price

 

[Enxx]

I'm yet to figure out if what is the reason of sudden increase and decrease in the price of different cryptocurrency and would love to learn in simple language. Thanks

Cryptocurrency is a volatile currency. Even normal fiat currency do rise and fall so it is normal for it like that.
But one reason I can think of that makes cryptocurrency to rise and fall like that is because the coins are still growing

 

[Bisolami]

Cryptocurrency is a volatile currency. Even normal fiat currency do rise and fall so it is normal for it like that.
But one reason I can think of that makes cryptocurrency to rise and fall like that is because the coins are still growing

But I feel like there is a way they regulate and control the prices so that it will not go beyond a particular price that they want

 

[Hate2Wait]

Cryptocurrency is a volatile currency. Even normal fiat currency do rise and fall so it is normal for it like that.
But one reason I can think of that makes cryptocurrency to rise and fall like that is because the coins are still growing

Yes but I believe and heard that crypto coins are fixed so increase in its demand results in its increase in price and its increase in sales result in decrease in its price so there is a lot that we can learn about it to understand it

 

[Enxx]

Yes but I believe and heard that crypto coins are fixed so increase in its demand results in its increase in price and its increase in sales result in decrease in its price so there is a lot that we can learn about it to understand it

Back then in school there is a law that goes with that in economic subject

 

[Suba]

Yes but I believe and heard that crypto coins are fixed so increase in its demand results in its increase in price and its increase in sales result in decrease in its price so there is a lot that we can learn about it to understand it

You are right that the price of cryptocurrencies is primarily influenced by supply and demand factors, but there are also other factors that indirectly affect supply and demand such as interest rates, government regulations etc.

 

[uptrendfinancialsignal]

A major causes of the increase and decrease in the prices of cryptocurrency is the attitude of the bulls and the bears in the crypto-currency market

 

[Magnus2022]

Fluctuations in every market both cryptocurrency and other tradable products is caused by demand and supply. This is the reason why once the market always follow oscillating movement.

 

[Bisolami]

A major causes of the increase and decrease in the prices of cryptocurrency is the attitude of the bulls and the bears in the crypto-currency market

You are right. It depends on how well people by the cryptocurrency and how well they sell it but I think it is beyond that

 

[fcbetting]

Lately all behavior say are whales. Whales are people with a lot of money and crypto. Buying and selling big amounts they earn on difference and affect on prices. Except Elon Musk, rare famous people can move prices on market. Oh, Messi did it to. When he went in PSG, PSG token price went up.