TLDR
The Bitcoin price is very volatile and changes drastically within a very short time. What factors impact it? Normally, we mention demand, supply, regulation, competition, consumer price index, federal funds rate, and maybe a couple of other factors. But what is behind them? Liquidity moves the market. When there is enough liquidity, the prices grow. When liquidity is lacking, the prices drop.
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Written by dshishov | Crypto Lover, Bidsbee CEO & Founder