Can you please some hidden and secret reasons behind the price of bitcoin volatility? I am just wondering, what reason there could be beside demand and supply thing. Please explain with your logic.
why is bitcoin prices so unstable? This is because the bitcoin price fluctuations in various international and local bitcoin markets such as coinbase, bitstamp, kraken, btc china, bitcoin.co.id and others are driven by many factors. such as volatility in bitcoin markets that do not yet have an accepted index generally, since cryptocurrency as an asset class is still in its nascent stage. however, bitcoin is able to experience volatility in the form of a 10-fold price change against the US dollar currency with such short time changes