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4 Factors Which Can Influence The Price Of Bitcoin

4 Factors Which Can Influence The Price Of Bitcoin

Since its launch in 2009, Bitcoin has gone from a few cents in value to tens of thousands of dollars in value. As such, it has turned a tidy profit for early adopters of the cryptocurrency, with many Bitcoin millionaires enjoying their return on investment today. Nonetheless, those who keep a keen eye on the latest crypto news will no doubt be aware that Bitcoin has fallen in price over the last few months. Why, then, is Bitcoin’s value subject to such wild fluctuations? Understanding the factors which affect the cryptocurrency’s price is an essential means of analyzing the market […]