Questions tagged [determining factors]

KimchiQueenCharmingKissWarmth Fri Jul 12 2024 | 5 answers 1218

Could you elaborate on the key factors that determine the value of cryptocurrency? I'm particularly interested in understanding how supply and demand, market sentiment, technological advancements, and regulatory frameworks influence its pricing. Do these factors have equal weight, or does one tend to overshadow the others? Furthermore, how do investors assess the intrinsic value of a cryptocurrency, given its decentralized and often volatile nature? Understanding these dynamics is crucial for making informed investment decisions in this emerging market.