Why does the price of crypto keep changing?
The crypto market has a lot of inherent value, but it is also heavily driven by speculation, similar in some ways to the stock market and real estate. Blog post description.
9/12/20251 min read
For example, in the stock market, investors and traders try to predict what businesses like Apple and Tesla will be worth in the future. They look at factors like company profits, competition, government rules and how popular the company’s products or services are.
Cryptocurrencies can be valued in a similar way. Investors use a range of information – such as how many people use the crypto, future technological upgrades or potential partnerships – to decide if a project is worth buying.
Just like in most markets, supply and demand reigns supreme. If more people want to buy a cryptocurrency than sell it, the price will usually go up.