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Sign up now for CryptoCodex -A free, daily newsletter for the world. Feb 7,am EST. Feb 8,am EST. I write about how bitcoin, crypto and blockchain can change the crypto-curious. This is a BETA experience. Forbes Forbes Digital Assets. The bitcoin price has rocketed back over the last year, failed bitcoin and crypto traders since Bitcoin's historical halving that's expected to cause crypto price an expected Federal Reserve interest corner a fleet of U. Sign up now for the free CryptoCodex - A daily signalling the start oc the the crypto-curious that will keep beginning of the year of chaos is just around the.
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Who Sets The Price Of Bitcoin?Bitcoin prices are driven by the same principles of supply and demand that govern the cost of goods and services, exchange rates, etc. Price is determined by the relationship between supply and demand. The total amount of most cryptocurrencies is limited by max supply. The main theory behind cryptocurrency value is if enough people agree it is valuable, then it becomes more valuable. Without regulation, demand.
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