The price of Bitcoin has always been a topic of discussion the world over. Crypto investors are ever curious about the direction prominent coins like Bitcoin and Ethereum are heading. One reason for this is because Bitcoin’s price has seen monumental growth.
Just take its price rise from March 2020 to March 2021 alone, which hovered around $7,000 to hit new highs within the $55,000 mark. But Bitcoin’s price has shown a lot of volatility over the years, so let’s break down which key factors influence its price:
But Bitcoin’s price has shown a lot of volatility over the years, so let’s break down the answer of what factors influence bitcoin price.
