The price of a particular cryptocurrency depends largely on the forces of supply and demand in the market.
When such hacks happen,
the prices of particular cryptocurrencies are affected and in most cases, the value drops by big margins.
In a previous article, I wrote about the benefits of focusing on the market cap instead of
prices of particular cryptocurrencies.
Yet that outcome would pose a significant danger, Peterffy argued, suggesting that a hypothetical plunge in
the price of a particular cryptocurrency could send CME reeling financially.
The price of a particular cryptocurrency depends largely on the forces of supply and demand in the market.
Not exact matches
When asked when central banks will take
cryptocurrencies seriously, he said: «We don't have to, in the sense that we don't have responsibility or even instruments that point to
particular prices of particular assets, that is certainly not the role
of central banks.»
Yet the proposal drew swift pushback from within the South Korean government - the president's office, in
particular, said no move is «finalized» as
of yet - as well as
cryptocurrency supporters and traders in the country who cried foul as the statements sparked a fall in
cryptocurrency prices.
Price, on the other hand, the amount you pay to purchase a single coin or token
of a
particular cryptocurrency.
In
particular, the organization raised concerns about leveraged trading
of cryptocurrencies, though it acknowledged that the low correlation between
cryptocurrencies and other assets «suggests that the risk
of spillovers from idiosyncratic
price moves in crypto assets to the wider market may be limited at this point.»
In the last few weeks,
prices of cryptocurrencies Bitcoin, in
particular, amplified several hundred times.
No one can be sure
of the exact
price trajectory for any
particular cryptocurrency.
The majority
of traders can also influence
pricing based on how they estimate the overall
price tendencies
of a
particular cryptocurrency.
Since the beginning
of 2018,
cryptocurrencies, Bitcoin in
particular, have been struggling to beat the
price resistance that has gripped the crypto market.
Cryptocurrencies — Bitcoin in
particular — have enjoyed skyrocketing
prices over the course
of the last year and has seen the majority
of its rise in value and availability take place under the Obama - era Open Internet Order.
Given access to a vast holding
of the
cryptocurrency, North Korea could, therefore, orchestrate
price manipulation entirely to its benefit by simply pumping a
particular cryptocurrency to a specific
price point and then dumping the entire amount soon after, making enough money to fund its activities.
Market capitalization refers to the value
of the total supply
of a
particular cryptocurrency in the market multiplied by the current dollar
price of the digital currency.
Bearish the Negative
price movement
of a
particular cryptocurrency and Bear is referred to a trader who is willing to make a profit from that fall.
Bullish is referred to a Positive
price movement
of a
particular cryptocurrency and Bull is often someone who buys crypto in expectation
of making the profit when the
price rises.
To traders and investors across the globe, the term «bullish» refers to a
particular upward trend that indicates that the
price of a certain asset or
cryptocurrency is more likely to move up.
If these tokens are not backed by an equal amount
of dollars,
cryptocurrencies prices, in
particular, may have been irregularly inflated.