- How do the various exchanges determine the price? Whats to stop one exchange selling at $5000 and another for $3000? How do they synchronise their pricing and why do they differ slightly?
I would like to add that this is one of the most important causes of currency fluctuation, and the greater the difference between prices on platforms, the higher the price, just as it happened in 2017.
The lower liquidity, the more manipulation will lead to the ability of a few individuals to control the price and thus impose the appropriate price for them.
Once the market capacity reaches sufficient limits, everyone will be forced to adhere to specific prices and little fluctuations.