Why does bitcoins price rise and fall

why does bitcoins price rise and fall

Crypto currency facts

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In the face of this fixed supply, an ever-increasing demand can send the cryptocurrency soaring. Founded in , Bankrate has a long track record of helping people make smart financial choices. Later, in September, China announced that all cryptocurrency transactions were illegal and that even foreign websites offering such services to Chinese traders were prohibited. Most of Bitcoin's price volatility comes from investor fears of missing out on big price movements.