Kunal RathourDec 17, 2021 · 3 years ago3 answers How does demand affect the rise in cryptocurrency prices?
In the world of cryptocurrency, the rise in prices is often influenced by demand. How does the level of demand impact the increase in cryptocurrency prices? What factors contribute to the surge in demand for cryptocurrencies and how does this affect their value? Are there any specific events or market conditions that can significantly drive up demand and subsequently cause the prices to rise? How does the relationship between demand and supply play a role in determining the price of cryptocurrencies? How do investors and traders react to changes in demand and what strategies do they employ to take advantage of these fluctuations?