Yeah obviously. A semi nobrainer would even know this
Demand supply price. Right?
Also i see ppl saying "stop converting btc to fiat" but what if btc was 500$ today so i go to expedia which i use often in real life , and pay 500$(1btc) next day btc drops to 300 and ill have to pay more than 1btc for the same trip.
Btc to fiat conversion is very necessary until btc stand as a currency itself. Btc is not a currencywether u guys hope to believe it or not.
Price also should reflect the demand.
Price is halved but transaction has doubled since last year.
I hope u guys know what this means