What Is Cryptocurrency Price - Samuelpaganoto.com

Last Updated on January 30, 2023 by Paganoto

What determines the price of cryptocurrencies?

Cryptocurrencies are a tradable asset, much like stocks, commodities, securities and so on. Their price is determined by how much interest there is on the market in buying them – that's called demand – and how much is available to buy – that's supply. The relationship between the two determines the price.

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Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.