Satyam SourabhDec 17, 2021 · 3 years ago9 answers What are the factors that influence the bitcoin exchange rate in USD?
What are the main factors that affect the exchange rate of bitcoin in USD? How do these factors impact the value of bitcoin? Are there any specific events or news that can significantly influence the bitcoin exchange rate? Can government regulations and policies affect the exchange rate of bitcoin in USD? How does the overall market sentiment and investor behavior play a role in determining the exchange rate of bitcoin? What role does supply and demand dynamics play in shaping the bitcoin exchange rate in USD? Are there any technical indicators or patterns that traders and investors use to predict the future movement of the bitcoin exchange rate in USD? How does the level of adoption and acceptance of bitcoin as a form of payment impact its exchange rate in USD?