Bitcoin price changes because of supply and demand.
When more people are buying Bitcoin than selling, the price goes up. When more people are selling than buying, the price goes down.
Other factors that affect Bitcoin include:
News and global events
Market emotions (fear or excitement)
Large investors (“whales”)
Adoption by companies
Unlike traditional money, Bitcoin is highly volatile, which means the price can change quickly in a short time.
This is why some people make profits while others lose money if they don’t understand the market.
BTCUSDT
Perp
77,281.5
-0.30%
