The cryptocurrency market is always unstable. The price of Bitcoin is always fluctuating. There is no exact cause of the rise and fall of the price of Bitcoin. Though some investors believe that this rise and fall is due to market manipulation of big whales, but no exact proof has been found till date.
Topic: why is the value of bitcoin high last night. - page 2. (Read 461 times)
Actually this is really great that the price of btc increased last night also many predict this that this price will be increase based on this market is fully unpredictable but I hope this price will increasing more based on their value.
All coins price depends on the demand condition. That’s why i think bitcoins demand increased last night and its effects on the bitcoins price also.
A sure reason for this is the big volume of buyers that make the demand getting high and definitely it bringing up the value, who will be the buyers are, is not so important at least it has a chance to power up and jump to 7k level.
Increasing market value refers to increasing demand of bitcoin. The price of bitcoin has recovered now and is increasing gradually. These price fluctuation is a common feature of crypto.
For me except of the speculation about the potential of world cup in bitcoin, it is because also of some good new around the internet that it will continue bullish once it will reach the estimated value such 7k , Werein the main reason why bitcoin suddenly made a jump because more people jump quickly on it .
Probably, someone bought a large amount of bitcoin last night. From where you get to see that? I didn't hear of any news like that.
before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?
What do you mean by increasing market value?
Number one obvious reason is that the market is fluctuating. There is no one definite reason for the market getting better. When yku say the market is increasing in its value, the worth of the coin is getting better. It becomes more valuable to users, investors, and everyone in the whole market.
You may be right and the world Cup has had an impact on Bitcoin growth, but I think it's still just a matter of supply and demand.
Volume is always higher befor some big movements - and this case was not an exception. When you see rising value through the dip - it is perfect time to buy because the asset will rise soon
before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?
What do you mean by increasing market value?
Number one obvious reason is that the market is fluctuating. There is no one definite reason for the market getting better. When yku say the market is increasing in its value, the worth of the coin is getting better. It becomes more valuable to users, investors, and everyone in the whole market.
Quite simply, the World Cup is over and some capital has entered the cryptocurrency. At the beginning of the World Cup, I said that the cryptocurrency will fall, but no one believes me.
You may be right that the world Cup has influenced the price of bitcoin and the entire crypto market. However, I think there were other news that became a catalyst for growth. On July 17, the SEC said that they allow Coinbase to trade bitcoins. And the next day, after bitcoin rose in price, they denied the news......... So here.
The nature of the crypto market is like that. It is fluctuating all the time. I think rising and falling price is a simple issue in this market.
before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?
What do you mean by increasing market value?
It seems no one knows the cause of this. I think it only increases once and then will decrease further. This has nothing to do with WC. I heard some say it was due to the inflation of USD, EUR, CNY, .
It just seems a fear of missing out right now. People are waiting for august 10 on that day ETF approval for btc can be received. Bitcoin is the virtual currency and these are the liquidity assets. Price may increase or decrease at any time. Yesterday, maybe something like that happened. Moreover, its demand can be increased at any time and with the increasing demand, the price of Bitcoin will also.
All the time market is not stable. Maybe last night the value of Bitcoin rising up that means the investors who invest in biscoin they are now in profit. If they sell their coin they will be profitted.
before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?
What do you mean by increasing market value?
Blackrock decided to look into providing ETFs for their customers that are based on Crypro Currencies. In my opinion that was the main reason for the price spark. But they cannot make that decision before the SEC hearing in August. Therefore the markets went up and are now moving back until this get's some confirmation. If that happens, in other words if the SEC approves that crypto based ETF can be traded on (non crypto) exchanges this could spark the next bull run.
I will attribute that to people purchasing more bitcoin at that time. When demand increases, it will directly reflect on bitcoin value. It is one of the usual things in crypto world. Im hoping for the bull run to happen soon.
I think that for the crypto market this situation is quite normal. Today fell down tomorrow. This is the whole process.
Maybe there was a bull run occured last night, BTC prices went up quite significantly, unfortunately it not followed by ETH too.
But i think it is because the demand was just high last night, im pretty sure of that. Anyway it is bitcoin, volatility is a normal thing
But i think it is because the demand was just high last night, im pretty sure of that. Anyway it is bitcoin, volatility is a normal thing
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