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How Do Cryptocurrencies Work \u0026 Gain Value? - Cryptocurrency Explained For Beginners - CP B\u0026WHow do cryptocurrency prices work? The price of cryptocurrencies - whether that's Bitcoin, Ethereum, or any other altcoin - is determined by supply and demand. Cryptocurrency prices are not determined by governments. Instead, their price is dependant on a number of factors including demand. Supply and Demand is a big factor that determines the value of anything that can be traded, including all digital currencies in the market. For example, if more.
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