Bitcoin’s price is determined by the laws of demand and supply within the market. An increase in demand or decrease in supply will result in the value of bitcoin increasing. While decreasing demand or increasing supply will result in a fall in price. The supply of Bitcoin is limited and predictable. To stabilize the price, demand and inflation must be positively correlated. Moreover, the relatively small bitcoin market means smaller movements of the digital currency can result in significant market fluctuations of the price.
Interested to buy Bitcoin? Check the Market Now https://www.bitkub.com/market/BTC
For questions and inquiries, please feel free to contact us.
Bitkub Exchange
Website: www.bitkub.com
Contact us: Bitkub Support
Telephone: +66 2-032-9555
Comments
0 comments