Five Reasons to Impact Bitcoin Prices

[panukurap]

in my opinion no, because before ETF the price of bitcoin has gone up and down every year, not the ETF that causes bitcoin to fall but the panic of investors makes bitcoin prices fall, because they consider the rejection of ETF will make bitcoin fall. and sell its assets, and that makes the price of bitcoin worse.

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[stayeduptolate]

 -BTC 5/8 price is trading at 7000 USD / BTC, down 6,9% , market capitalization is 127 billion USD and cash flow is over 17 billion dong according to Coinmarketcap. The BTC's non-braking slope also caused the entire altcoin to turn on red lights. Most notably, TRON's Justin Sun recently featured prominently including Tron's recent acquisition of BitTorrent and uTorrent, the launch of Tron Virtual Machine (TVM), and a secret project later announced as the Project Atlas) but still swept the wave of the market.
  -Five reasons are thought to be the biggest impact on BTC pricing:
       +HitBTC reported hardware failure: The recent tight control on the HitBTC trading floor caused the inhibition of the user community causing the BTC market to suffer a psychological blow after this incident.
       +Bitcoin ETF was denied the license by the SEC. This is considered a major factor causing Bitcoin to drop immediately and causing the market to fluctuate sharply in the past few weeks.
       +Korea taxed the digital exchanges. This news has caused a gloomy atmosphere for the whole market including BTC
       +The recent virtual trading on the BitForex trading floor, a deal on Coinmarketcap, has raised concerns about market manipulation, a loss of confidence in electronic money transactions.
       +Bitcoin's trading profile has changed, noting that the cash flow was flowing back from the altcoins into Bitcoin and Tether (USDT). Indexes for the movement of funds include Bitcoin dominance of market capitalization, up to 48%. In addition, the USDT transaction now accounts for more than 21% of the total volume of the electronic money market.

We all are aware with this fact that bitcoin is a volatile crypto currency and apart from being volatile bitcoin is s part of investment so both these factors plays a very crucial role in determining the valuation of bitcoin as the valuation of bitcoin is subject to flactuation and varies according to market demand and supply, higher the number of investors and higher the amount they are investing into bitcoin, higher will be the demand and higher will be the valuation and vice versa and on this hypothesis every investment works.

[BulletinGlace]

Although I agree that reaseons you've statd are true, I think that most of the times it's just pure manipulation by very big players wich makes te price patterns go up and down in a major way.

[piterpie]

The US Securities and Exchange Commission has stated that it will postpone the decision on the latest Bitcoin ETF proposal.

The SEC received more than 1,300 comments regarding the proposed rule change, which would allow Cboe to create the Bitcoin Exchange Fund (ETF). However, the agency said it would take a long time to consider a possible conclusion. According to the announcement of the commission, the decision will be made before September 30.
We should wait together

[rosemary4u]

There are various factors that has  affected bitcoin and the price. For instance, the decision taken by the SEC regarding the ETF has been a big blow to bitcoin in the past few days.

[menammeo]

There are many similar factors that affect the change in value of other items that affect the price of Bitcoin. Because it is so new and different from other currencies, although many of these effects are exaggerated. Here are five key factors that affect the price of Bitcoin.
1 Supply and demand
2 Communications
3 Political change
4 Changes in Government Regulations
5 Changes in the rules of Bitcoin

[sharif12]

Five reasons are thought to be the biggest impact on BTC pricing:
+HitBTC reported hardware failure: The recent tight control on the HitBTC trading floor caused the inhibition of the user community causing the BTC market to suffer a psychological blow after this incident.
+Bitcoin ETF was denied the license by the SEC. This is considered a major factor causing Bitcoin to drop immediately and causing the market to fluctuate sharply in the past few weeks.
+Korea taxed the digital exchanges. This news has caused a gloomy atmosphere for the whole market including BTC
+The recent virtual trading on the BitForex trading floor, a deal on Coinmarketcap, has raised concerns about market manipulation, a loss of confidence in electronic money transactions.
+Bitcoin's trading profile has changed, noting that the cash flow was flowing back from the altcoins into Bitcoin and Tether (USDT). Indexes for the movement of funds include Bitcoin dominance of market capitalization, up to 48%. In addition, the USDT transaction now accounts for more than 21% of the total volume of the electronic money market.