What make crypto price go down

what make crypto price go down

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What makes Bitcoin and other CryptoCurrencies go up in value?
The Bitcoin price is defined by supply and demand. When there is more demand for Bitcoin, the price goes up. When there is less demand, the price goes down. If there is a low demand, but a high supply, the price goes down. It's this relationship between the two that determines the price of cryptocurrencies. When crypto markets are going down, it is typically because.
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Given that track record, investors should always be prepared for wild price swings. As a rule of thumb, don't invest more than you can afford to lose in risky assets like crypto. Additionally, it is popular with those who use it to transfer large sums of money for illicit and illegal activities. Mining farms in China were forced to pack up and move to cryptocurrency-friendly countries.