Cryptocurrency Q&A
How is BTC rate calculated?
How is BTC rate calculated?
Gianluca
Wed Nov 27 2024
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7 answers
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I want to understand how the BTC rate is determined. I'm curious about the factors that influence its calculation and how it changes over time.
7 answers
Leonardo
Fri Nov 29 2024
The determination of Bitcoin's price is analogous to how the value of the U.S. dollar is established.
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TaegeukChampionCourageousHeart
Thu Nov 28 2024
Both currencies rely on the fundamental economic principle of supply and demand.
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KatanaSharpness
Thu Nov 28 2024
This competition drives up the price, as each buyer is willing to pay more to acquire Bitcoin.
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DigitalTreasureHunter
Thu Nov 28 2024
In the case of Bitcoin, an increase in demand typically leads to an upward movement in its price.
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Carlo
Thu Nov 28 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to this dynamic market.
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