What Factors Drive The Bitcoin Price Today?

in #steemit • 8 years ago (edited)


One feature of Bitcoin, especially this week, is that the price of this coin holds on at the same level for quite a long time. But when the price finally changes, the question arises: why did it change? What factors increasingly impact BTC price: market or technology?


Today this is one of the most relevant questions as well. Throughout the month of June, the price of Bitcoin was in the sideways trend at about $650 - $690. Small fluctuations in the market were caused by macroeconomic statistics, which also influenced the major currencies of the world, including cryptocurrency. However, for a whole week, BTC price has been moving in a narrow corridor of $650 - $660. 


Whole article is here:
https://coinidol.com/what-factors-drive-the-bitcoin-price-today/

#steem #money #crypto-news #news
8 years ago in #steemit by
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     8 years ago 

    You should be careful to not confuse merit with acclaim or predictable pertinence.

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       8 years ago 

      Hi! This post has a Flesch-Kincaid grade level of 9.1 and reading ease of 62%. This puts the writing level on par with Michael Crichton and Mitt Romney.

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