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What Makes the Price of Cryptocurrency Go Up?The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes. Supply and Demand is a big factor that determines the value of anything that can be traded, including all digital currencies in the market. For example, if more. Bitcoin's price is primarily affected by its supply, the market's demand, availability, competing cryptocurrencies, and investor sentiment. Bitcoin supply is.
