Sentences with phrase «steep jump in price»
The reason for the steep jump in price?
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People have come to expect jumps in prices every now and then, but don't be too drastic if you think an increase is necessary — people may begin to look elsewhere, particularly if your prices are steep in regards to the industry standard.
Speculators have also jumped in and, combined, created the steep price increase shown the chart above.
This steep increase in the prices has turned a lot of eyeballs to Bitcoin, hence thousands of people are jumping into cryptocurrency world every day.
In 2013, there was a steep recovery as the price of undervalued homes values jumped by about a third.