What Decides the Bitcoin Price?

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2024-12-16 11:38:38 -

Price Determination: Bitcoin's price depends on supply and demand. When more people want to buy Bitcoin, the price increases, and when fewer people are interested, the price decreases. Limited Supply: Bitcoin has a maximum supply of 21 million coins. This scarcity can push prices higher when demand rises, as seen in previous market trends. Market Influences: News and sentiment...

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