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Why Bitcoin Price Fluctuates?
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[QUOTE="Suba, post: 331508, member: 3658"] Many factors can influence the price of Bitcoin so that it will always cause price fluctuations. like: 1. The max supply is only 21 million BTC, while demand will continue to increase, which will affect the price of Bitcoin, as well as buy/sell BTC activity by whales. 2. Bitcoin Hasn't Been Mined Yet If Bitcoin's blockchain often crashes due to overloaded transaction activity, prices will also be affected. 3. Fomo and Fud, often the circulation of fomo and fud will also affect the price of Bitcoin and cause fluctuations. 4. Tax and Interest Rules, tax and interest rules in various countries, especially in the United States, will greatly influence the price of Bitcoin. [/QUOTE]
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Why Bitcoin Price Fluctuates?
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