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crypto basics (1 Viewer)

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rehel

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What Moves Crypto Markets?

Supply and demand drive crypto markets. Unlike traditional currencies, they aren't controlled by governments or banks, which makes them more independent. Several factors affect their value:

  • Supply: The total number of coins and how they're made, lost, or destroyed.
  • Market Perception: People's views on how valuable the coins are and how this changes over time.
  • Media Influence: How the media talks about a crypto-asset and how much attention it gets.
  • Compatibility: How well a crypto can be used in existing payment systems.
  • Significant Events: Important happenings like upgrades, hardforks (blockchain network change), regulatory changes, security issues, or economic problems can strongly impact the market.
 

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