Post
Topic
Board Beginners & Help
Re: Who sets the price for crypto currency?
by
SteveHankse
on 01/12/2021, 06:45:27 UTC
Nobody controls bitcoin. Banks are not even in the picture. The price of bitcoin and other cryptocurrencies is the outcome of supply and demand. The change in buyers and sellers for the coin results in its price movements. The price varies a little from one exchange to another. The supply and demand is also affected by external factors such as news and regulations on crypto exchanges by the government.