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.
If there is significant demand for a particular coin, but the currently available supply is limited, then the price increases. The demand for coins sometimes rises regardless of the
Comments (2)
Viktor(Buratino) Z.16
School of eBusiness
Look here
https://www.kucoin.com/r/rf/QBSACD2G
Chima Onyemeteleugwo...6
Sales manager
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.
If there is significant demand for a particular coin, but the currently available supply is limited, then the price increases. The demand for coins sometimes rises regardless of the