Instead, the price is influenced by supply and demand. Or, in simpler terms, by how much people are willing to pay for it. The Bitcoin price is defined by supply and demand. When there is more demand for Bitcoin, the price goes up.
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Instead, the price is influenced by supply and demand. Or, in simpler terms, by how much people are willing to pay for it. The Bitcoin price is defined by supply and demand. When there is more demand for Bitcoin, the price goes up.