What brings fluctuations in the prices of crypto currency

[DareIsrael]

I know one of the things which causes the fluctuation in the forex/crypto currency market is demand and supply. You can say the buying and selling that occur in the market result to its high volatility.

 

[zenith]

Anything currency is bound to fluctuate and not only currency but commodity as well.as long as it traded this thing will definitely happen because it sentiments and supply and demand forces.when the demand is high the price goes up but when it is low the price comes down.speculation is also another factor.

 

[Tundeoguns1]

Concerning what brings fluctuations in the prices of cryptocurrencies. The factor behind this is just like the one affecting businesses in the real world of trading or business which is the rate of demand and supply, once there is high demand of a product, the supplies increases thereby causing a shift in it's price value and vise versa

 

[redpogi16]

The number of people buying to the number of people selling in the market. If people decided not to sell, some may decide to hoard their currency.
Just like the CBN law of banning Crypto trading in Nigeria affected the prices and then the buying big of TESLA in the crypto market has also caused its increase in the most recent days.

 

[ahmedo24]

Well in my point of view, I think what causes fluctuations in cryptocurrency is caused by the forces of demand and supply. When most investors are selling off their cryptocurrencies, the prices of this cryptocurrencies seems to fall while when most investors are buying and holding their cryptocurrency then the prices of these cryptocurrencies begins to appreciate.

That's what is responsible for it , I don't think there is any other factor, if you notice how values trend on different Exchange plaforms you will understand that buying pressure is the responsible factor.

 

[abubakar3141]

Bitcoin is backed by a public blockchain ledger that provides evidence of all transactions on the network. Like precious metals like gold, the bitcoin is limited in its supply. It is generally believed that the bitcoin has no value because it does not have the backing of anything physical.

 

[Sheyemanu]

Concerning your question, I think the fluctuation in crypto currency is caused by the forces of demand and supply and that is why you see that the price rises and falls at same time , so if the price increases to a very large percentage it could fall due to the excess supply instead of demand and vice versa, that's what determines price changes

 

[Lyrrex]

I think the fluctuation in crypto currency is caused by the forces of demand and supply and that is why you see that the price rises and falls at same time , so if the price increases to a very large percentage it could fall due to the excess supply instead of demand and vice versa

The demand and supply forces cause the fluctuations in prices of crypto currencies most of the times. One way to affect the prices is to just find a way to affect the demand and supply. Just like the CBN law of banning Crypto trading in Nigeria affected the prices and then the buying big of TESLA in the crypto market has also caused its increase in the most recent days.

T

The prize fluctuates just based on supply sand demand.

 

[Victor72]

This topic is a very good topic and also interesting but as for me I don't have any idea about what brings inflation in cryptocurrency but I believe it is the demands rate in the market place

 

[Mostee501]

Digital coins are naturally unstable coins.
Fluctuations in the price of cryptocurrencies is caused by the supply and demand of the digital coins.

 

[Adebola]

The main factor that contibutess to the price of crypto currencies is the scarcity of the coin. The more people look for a coin, the costly it becomes

 

[Ziki]

Demand and supply is the major cause of crypto currency volatility. People are constantly selling or buying coin almost every minute. Other reason May be as a result of economical news

 

[Richard92]

One thing that bring the fluctuation in the price of cryptocurrency in the market is the economic system, this can create the price of cryptocurrency it's either make it rise or fall.

 

[Senator]

Factors like the number of investing either dumping that particular cryptocurrency for nother and those buying the deep makes a lot of fluctuations

 

[Dowenship]

You mean votality in crypto currency. There Are three things that determine vitality in crypto currency. These Are the rate of buying and selling, the effect of the composite man, and fundamental reasoning..

 

[Chibson]

Of course cryptocurrency he is said to be very volatile. What affects the prices of cryptocurrencies is demand and supply. When a lot of people are buying a particular coin the price will increase and when no one is buying a coin the price will decrease.

 

[Snazzy001]

In my own very analysis, situations, festive periods and the values we humans place on crypto currencies are responsible for its fluctuations.the moment we dont place much values, they become somewhat stagnant

 

[Kunkun]

This is due to the volatility of crypto as a whole and this is usually achieved as a result of the forces of demand and supply, because the more a coin is in demand the higher the value and vice versa so there were would fluctuations

 

[BrolySSJ]

I'm yet to understand this. I have noticed the rise and fall of crypto currencies almost every day and I began to think about the contributing factors to the rise and fall of cryoto currencies. Kindly share with me, the possible reasons behind this.

The reason behind the increase and decrease in prices in the crypto-currency market is the fact that the supply and demand for any one of these coins changes at any point throughout the day. Therefore if they are large investors that are actually selling of the coin that they have and the price will drop substantially.

 

[Kayzzy3]

I'm yet to understand this. I have noticed the rise and fall of crypto currencies almost every day and I began to think about the contributing factors to the rise and fall of cryoto currencies. Kindly share with me, the possible reasons behind this.

A number of factors are responsible for the fluctuations seen in the cryptocurrencies prices, some people have said and submitted that demand and supply are the factors, but I will defer a bit.

Cryptocurrencies are not in that kind of category, or else, could we say that demand and supply for a good, changes every second of the day? The changes is caused by the trade volume and exchanges, as transaction going across blockchain, the number changes too