Too Long; Didn't Read
Like all tradeable assets, cryptocurrencies feel the effects of both macro/micro-economic trends. The state of the global economy will affect the price of <a href="https://hackernoon.com/tagged/bitcoin" target="_blank">bitcoin</a> and so will smaller, more localized trends. However, cryptocurrencies may also have certain fundamental trends that are specific to them. These theorized fundamental value trends are due to: (1) security and (2) features/improvements.