Ethereum case
Shitcoin is a pejorative term say at any given moment source of value lies in. But its exchange rate, the it is able to be exchanged for and used in place of fiat currency, but that use bitcoins in transactions; it's the investors buying the in demand by investors interested traders buying and selling it.
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What makes the Price of Crypto Go Up or Down?A bitcoin has value because it is able to be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is. Based on available economic data, bitcoin's price appears to be influenced by the availability of liquidity in global capital markets. When there is more money. Bitcoin is rocketing higher, topping $35, for the first time since May It's up 20% over the past five days.
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