Most of all affects the price of bitcoin area of its distribution. It is impossible to get a stable coin that can be bought or sold only on the exchange. I think that after the bitcoin will be used in trade, it will be widely used. Coins will be distributed to more users and the ability of whales to manipulate prices will decline.
Generally if we remind that the price increases with increase in demand and decreases with decrease in demand. Similarly the current market is also increase and decrease according to changes taking place in the demand rate, it in on the decrease trend these days which is resulting decrease in value.
The demand rate decreases and the vale fell down at 7k dollar and currently more decrease in demand brought decrease in value at 6.1k dollar.