Crpto is going up today as now everyone knows it's importance. The currency which started giving out free now rising to it's peak value. Alot of big investors have invested in it. A time will come in near future when we will have only this type of virtual currency, other than being real or digital currency in our hands. Adoption as a Means of Payment. Another reason for Bitcoin's price appreciation is its growing adoption as a payment method. Recently, PayPal announced that it would soon allow its users and merchants to buy, sell, hold, and accept Bitcoin and other cryptocurrencies as a form of payment. These all factors comprise and give boost to crptocurency. Now big exchanger and big companies have allow to sell and buy things using crptocurency. All these combine and then they give a absolute rise fall in the prices of the crptocurency.
Why is crpto going up today?
- Thread starter Ashu
- Start date
The value of cryptocurrency is increasing almost every day because of the trend and because of the support received from every angle. Big tech gurus are now supporting it and some companies. The value of cryptocurrency is increasing everyday because of the acceptance from so many people. it very soon many countries will see the important of cryptocurrency and be forced to join
In my personal opinion I think that the price and value of crypto is increasing because of the large and influential people and companies that are getting involved in the cryptocurrency world. For example Elon Musk, the richest man in the world, has invested into Bitcoin and is promoting dogecoin and this has caused the price to increase drastically to values that I did not think was possible this early in the life of crypto.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
I think Elon Musk has a lot to do with this, because of his sudden purchase of a large amount of bitcoin that changed the trend and movement of the crypto market. The moment bitcoin rises, so do small and altcoins.
i will tell you explain.
In brief. Bitcoin's price has been increasing for months, and there are several reasons behind the surge. High-profile figures and companies have expressed strongOther reasons include the Bitcoin halving, which has had an indirect impact on Bitcoin's price.
In brief. Bitcoin's price has been increasing for months, and there are several reasons behind the surge. High-profile figures and companies have expressed strongOther reasons include the Bitcoin halving, which has had an indirect impact on Bitcoin's price.
Manipulation is a thing i hate honestly. this is not a business kn waiting and getting paid on a lie !!! rather applying knowledge and getting profit on a up dosn manner is good rather than prediction and sins. Crypto is up but more up by Ellon mask stuffs that is pure manipulation.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
I think crypto currency is rising because of people response to the need. Crypto currency is becoming more and more popular and acceptable by the people globally despite the steep opposition from the government. The more the government go against it the more its value will keep soaring.
I think nowadays not everyone can afford to keep their expenses to a minimum. That is why people look for one job as well as another and corrupt people from your currency make their profit. ۔That is why the corrupt currency is going up. People's interest in it is increasing.
yes you are right too as we can see people are taking interest in crypto at most of the famous platforms for example PayPal and other platforms in which we can make transactions are interested in cryptocurrency trading so the rate of tokens is going to the moon.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
The price of cryptocurrency is going up due to the influx of the market by individuals who are now seeing the opportunity in investing in bitcoin and other cryptocurrency. When the demand for a particular currency is very higher than the supply of the same currency, the price will increase.
Virtual currency is becoming a great asset nowadays. Different companies are offering their own virtual currency in the market.It is very important in the future because people are making a living from it. We can make a profit by trading it at home.
People are becoming more and more conscious and knowledgeable about what cryptocurrency is all and how it can affect their daily life positively, this awareness and consciousness is driving more and more people into investing on crpto currency, thereby increasing the demand and value.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
A cryptocurrency (or “crypto”) is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators at times driving prices skyward.
This doesn't come at a surprise anymore for anyone who is familiar with the cryptocurrencies world, you should always expect the unexpected and it can happen at anytime. The volatility in this system is the reason for sudden rises in value and prices as well as sudden diminishing in value and prices.
There are many reasons why crypto currencies are flying up today and it won't stop. Most of those reasons are tied to the elementary economic of demand and supply. Elon must buying billions worth of BTC has only created demand will naturally pulls price up.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Bitcoin, and ethereum has been skyrocket the crypto space for months now. People that invested some months ago in this group to continue carrying a huge profit. But I think this is not the right time to invest as nobody knows what might happen in the next moment.
I don't think it is manipulation in my opinion, Elon Musk is just like an influencer that makes Investment heavily into bitcoin which has spark the bitcoin market just other previous Investors has done, this is also peculiar to every commodities.
Cryptocurrency markets plummeted after witnessing gross reduction in oil prices and further sell-off in stocks
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Concerning why cryptocurrency coin is going up today. Well, as we all know that cryptocurrency has been widely used presently now in the world, so the massive use of the cryptocurrencies by people and also the big companies and influential people investing large amount of money into it has made it rise and will keep rising
Yes that is true tho, the crypto market has been rising cause of people are beginning to know its worth now, secondly i think Elon musk has a lot to do with this has he purchased a very high amount of bit coin recently worth more than a billion dollars this has really shifted the crypto market to another level
Newest Directory Listings
WWE Hub is a discussion forum for all things wrestling! Share and chat with other wrestling fans throughout the world!
ABCProxy is cost-effective, ethical residential proxies network!
