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Bitcoin Decrypt

What Determines the Price of Bitcoin?

Considered by some to be a currency without a state, the price of Bitcoin (BTC) has rapidly ascended and descended. What determines the current Bitcoin price?

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

What Determines the Price of Bitcoin?
Considered by some to be a currency without a state, the price of Bitcoin (BTC) has rapidly ascended and descended. What determines the current Bitcoin price?

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

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