I'm wondering who has the authority to determine the value of cryptocurrencies. Is it the government, a specific institution, or does it depend on
market forces? Who exactly decides how much crypto is worth?
6 answers
Fri Jan 10 2025
Cryptocurrencies are financial assets that can be traded, similar to stocks, commodities, and securities.
Fri Jan 10 2025
The interplay between demand and supply plays a crucial role in determining the price of cryptocurrencies.
Fri Jan 10 2025
The pricing of cryptocurrencies is influenced by market forces, specifically demand and supply.
Fri Jan 10 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services.
Fri Jan 10 2025
Demand refers to the amount of interest in purchasing cryptocurrencies on the market.