Bitcoin to USD Converter
The price of bitcoin (...) is determined by the balance of buyers and sellers in the market. When demand for bitcoin increases, its price rises. Conversely, when more people want to sell, the price decreases. Factors such as media attention, government regulations, and general interest in cryptocurrencies can affect demand. External events like geopolitical issues and financial crises can also cause market fluctuations, influencing the perceived value of bitcoin. Ultimately, the price of bitcoin is subject to the constant ebb and flow of supply and demand.
*Prices are updated in real-time using the CoinMarketCap API
Bitcoin’s difficulty adjustment keeps supply of new bitcoin to a predictable schedule, while also adding to the strength of the network.
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