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Cryptocurrency Exchange: Cryptocurrency Price Go Up

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Cryptocurrency Exchange: For upon|The cryptocurrency market is a space where many people make money. Investments and trading crypto have become very popular because of the instability and volatility of crypto rates. Cryptocurrency live prices change daily and in the long-term perspective, allowing people to make money in the shortest possible timeframes, applying different trade strategies, and in the long term, investing in promising assets and waiting for the price boost.

The market of digital assets lives by cycles, constantly moving up and down, creating trends: bull and bear tendencies. In the spring of 2022, the market started to drop and that year became the “crypto winter” period. The bear trend is characterized by:

  • massive outflow of funds from the crypto field;
  • reduction of the demand for crypto coins;
  • prices drop;
  • pessimistic investors’ expectations.

Many people wonder “will crypto go up?”. The answer is yes. The bull trend always replaces the bear trend. It begins with agiotage around the crypto market, the emergence of new projects, demand growth, and price increase.

How Does Crypto Price Go Up?

The supply and demand ratio is the main factor that guides the cryptocurrency market. That is, the economic laws that work in the traditional markets, also work with crypto. Price crypto grows when the coin is overbought (increased demand) and drops when the supply of coins exceeds its demand. Roughly speaking, if crypto is functional and has valuable technology, people want to buy it, driving the demand. People who hold coins and do not sell them create a limited supply. So demand exceeds supply and the price rises.

Here the following factors play a role:

  • Media and news
  • Competition in the market
  • The technology of every specific coin and its purpose
  • Investors sentiment

Sometimes, to boost a crypto rate, investors intentionally buy it massively, creating demand for it. It is called a “pump.” On the contrary, when large investors massively sell coins, they reduce demand and “dump” the asset’s rate.

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