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Author Topic: what factors are heavily affecting its declining bitcoin exchange rate ?????  (Read 114 times)
Thefrolly
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June 21, 2018, 08:50:29 AM
 #21

The biggest factor that everyone talks about that might had been the start of market crash is the MT GOX trustee selling thousands of Bitcoins on exchanges directly instead of using something like over the counter medium. Also the market was primed for a dump as its only so much time the market can be up for.

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Polly.Nochka
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June 21, 2018, 09:08:34 AM
 #22

If bitcoin falls in price to $ 3000 or less, then, undoubtedly, you will need to buy. Do not hesitate!) Do you think that this is possible?
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June 21, 2018, 09:08:52 AM
 #23

The price of BTC is more dependent on the supply and demand relationship in the market.
The government’s tightening of cryptocurrency regulation this year has caused investors to panic on cryptocurrencies. Selling BTCs in their hands has seriously affected BTC’s prices!
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July 08, 2018, 11:27:46 AM
 #24

These factors greatly affect the exchange rate of its bitcoin:
- Factor 1: Difference in Inflation
As a general rule, a country with a low inflation rate will have increased monetary value as its purchasing power increases relative to other currencies. Countries with higher inflation often find their currency values ​​lower than their trading counterparts.
- Factor 2: Interest Rate Difference
By adjusting interest rates, central banks affect both inflation and exchange rates. Higher interest rates make it possible for lenders to have higher returns than other countries. However, if the nation's inflation is much higher than other countries can reduce their monetary value. The opposite is the same.
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