Learn More
About BTC Price
Are you new to crypto-currency trading and how cryptocurrency exchanges work? If so, you’ve come to the right place. BTCtopic publishes expert insights into the price of bitcoin (BTC) and how this correlates to the prices of altcoins or fiat currencies. exchange rate against altcoins.
Learn More About BTC Price
Are you new to crypto-currency trading and how cryptocurrency exchanges work? If so, you’ve come to the right place. BTCtopic publishes expert insights into the price of bitcoin (BTC) and how this correlates to the prices of altcoins or fiat currencies. exchange rate against altcoins.
What is a BTC Calculator?
A bitcoin calculator determines the exchange rate of crypto to fiat and crypto to crypto. It is the most helpful tool used by blockchain and btc wallet users to estimate what their base currency is worth against the counter currency at any given time or day.
Since bitcoin values fluctuate tremendously, a btc calculator is an invaluable tool for anyone involved in crypto-currency exchanges because it helps to doublecheck that each transaction is fair and accurately reflects the current market prices.
Crypto to crypto
In this transaction, you exchange one crypto currency for another, eg. BTC to XRP.
Crypto to fiat
Here, you exchange a cryptocurrency into a fiat currency, eg. BTC to USD.
The Nature of BTC
Since the early days of bitcoin and cryptocurrencies, these markets have shown certain characteristics. They are primarily decentralised and operated by the crypto community.On top of that, crypto-currencies are still relatively young and exhibit high price volatility.
To be fair, we could also say that they are high-risk assets because many financial market authorities either reject them or are in the process of evaluating them, so regulations are still developing in this market.
Highly volatile
Decentralised
Controlled peer-to-peer
High-risk assets
What Drives BTC Price?
Bitcoin and altcoin prices do not move in a vacuum, there are certain market conditions linked to their movements. The most obvious one is what the market is prepared to pay for them, in other words, the level of demand.
Demand
Initially, demand was not high because only a select group of people understood how to use blockchain transactions, but this is changing as the technology becomes more user-friendly. The other side of this particular coin is the level of supply or how many people are willing to sell at a given time.
Global Economic Risks
The second major influence on crypto-currency prices is whether there are increasing risks in the global economy. A growing percentage of mainstream investors see digital currencies as an alternative to traditional financial instruments like stocks or bonds which can be exposed to economic weaknesses.
Safe Haven Status
During times of economic downturns, more and more investors view bitcoin as an alternative to Gold and as a safe-haven asset because it is not exposed to an individual country’s economic woes.
What is a BTC
Calculator?
A bitcoin calculator determines the exchange rate of crypto to fiat and crypto to crypto. It is the most helpful tool used by blockchain and btc wallet users to estimate what their base currency is worth against the counter currency at any given time or day.
Since bitcoin values fluctuate tremendously, a btc calculator is an invaluable tool for anyone involved in crypto-currency exchanges because it helps to doublecheck that each transaction is fair and accurately reflects the current market prices.
Crypto to crypto
In this transaction, you exchange one crypto currency for another, eg. BTC to XRP.
Crypto to fiat
Here, you exchange a cryptocurrency into a fiat currency, eg. BTC to USD.
The Nature of BTC
Since the early days of bitcoin and cryptocurrencies, these markets have shown certain characteristics. They are primarily decentralised and operated by the crypto community.On top of that, crypto-currencies are still relatively young and exhibit high price volatility.
To be fair, we could also say that they are high-risk assets because many financial market authorities either reject them or are in the process of evaluating them, so regulations are still developing in this market.
Highly volatile
Decentralised
Controlled peer-to-peer
High-risk assets
What Drives BTC Price?
Bitcoin and altcoin prices do not move in a vacuum, there are certain market conditions linked to their movements. The most obvious one is what the market is prepared to pay for them, in other words, the level of demand.
Demand
Initially, demand was not high because only a select group of people understood how to use blockchain transactions, but this is changing as the technology becomes more user-friendly. The other side of this particular coin is the level of supply or how many people are willing to sell at a given time.
Global Economic Risks
The second major influence on crypto-currency prices is whether there are increasing risks in the global economy. A growing percentage of mainstream investors see digital currencies as an alternative to traditional financial instruments like stocks or bonds which can be exposed to economic weaknesses.
Safe Haven Status
downturns, more and more investors view bitcoin as an alternative to Gold and as a safe-haven asset because it is not exposed to an individual country’s economic woes.
Read the Latest Market News
As you can see from the above, it’s important for a crypto currency trader or holder to stay in touch with the global economy and macro-economic market movements. Daily reading can include financial news sites with a reliable reputation and crypto-currency news sites with up-to-date price information.
Major Influences on Bitcoin Price
To summarise, the major influences on Bitcoin’s price are demand, supply and the state of the global economy.
Read the Latest Market News
As you can see from the above, it’s important for a crypto currency trader or holder to stay in touch with the global economy and macro-economic market movements. Daily reading can include financial news sites with a reliable reputation and crypto-currency news sites with up-to-date price information.
Major Influences on Bitcoin Price
To summarise, the major influences on Bitcoin’s price are demand, supply and the state of the global economy.
Most Common Ways to Trade BTC
For btc to have a market, there needs to be supply, demand and certain global economic conditions to drive market sentiment.. In addition, there has to be an easily accessible marketplace where crypto-currencies are exchanged. The most common ways to trade bitcoin are day trading on over-the-counter digital exchanges, CFD brokerages , on regulated crypto exchanges, and via peer-to-peer exchange with a pre-agreed rate.
Day trading
exchanges Over-the counter
exchanges
CFD exchanges
Regulated crypto
Most Common Ways to Trade BTC
For btc to have a market, there needs to be supply, demand and certain global economic conditions to drive market sentiment.. In addition, there has to be an easily accessible marketplace where crypto-currencies are exchanged. The most common ways to trade bitcoin are day trading on over-the-counter digital exchanges, CFD brokerages , on regulated crypto exchanges, and via peer-to-peer exchange with a pre-agreed rate.
Day trading
exchanges Over-the-counter exchanges
CFD exchanges
Regulated crypto
Open Bitcoin Account
A world of choice is out there for investors who want to open a Bitcoin account. At BTCtopic, we’re
dedicated to bringing you balanced
information about the evolution of crypto currencies. Learn
more in our
section on BTC wallets.
Open Bitcoin Account
A world of choice is out there for investors who want to open a Bitcoin account. At BTCtopic, we’re
dedicated to bringing you balanced
information about the evolution of crypto currencies. Learn
more in our
section on BTC wallets.