What Moves Cryptocurrency Exchange Rates Up and Down?

Take any crypto asset and see its chart; you will notice that the price is never still – it is constantly changing. The current crypto rate is a cryptocurrency live price and is available on large crypto platforms and ratings. For example, the Coinmarketcap resource always provides up-to-date prices for digital assets and puts them in the ranking starting from the most expensive and traded coins. Of course, the ranking starts with popular Bitcoin, followed by not less popular Ethereum, Tether, etc., with their cryptocurrency rates live and the indicators of their market capitalisation and trade volume written in front of them.

Crypto assets are not created and are not issued by banks. They either do not depend on the government. So no regulator would control crypto rates. The lack of control gives space for profit-making on the crypto price differences. That is a profitable option to receive money from just reselling coins at a higher price. However, to succeed in trading and investing, we should understand what affects crypto rates and know how to predict the next huge price leap or drop. For that purpose, we need to know what affects the crypto rates.

Factors that May Impact Crypto Exchanges Rates

Below, you will see the list of external and internal factors moving crypto rates:

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