Six factors influencing the price of cryptocurrencies

Driving forces behind Bitcoin value change

clock • 1 min read

From market forces to technology and regulation, Data Driven Investor's Justin Chan examines the six factors that shape the price of Bitcoin and other cryptocurrencies.

From market forces to technology and regulation, Data Driven Investor's Justin Chan examines the six factors that shape the price of Bitcoin and other cryptocurrencies. Given the massive and unpredictable volatility that cryptocurrencies have experienced ever since Bitcoin's trading debut around nine years ago, one might be resigned to using mere guesswork to forecast the future direction of crypto prices.  Bitcoin breakthrough: Digital money expected to expand its reach in 2018 But it is possible to conduct a more scientific projection by being aware of several indicators and para...

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