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Category: Cryptocurrency

Factors That Affect the Value of Bitcoin

Factors That Affect the Value of Bitcoin

  • by siteadmin
  • February 6, 2023

The value of Bitcoin fluctuates significantly, much like other currencies. In the past decade, its price has increased exponentially, fallen, and risen again. Many factors influence the value of bitcoin. It is a decentralized digital currency with a limited supply of 21 million. The smallest unit of bitcoin is 0.00000001 satoshi. It is stored in…

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