What Determines the Price of Crypto? Wondering why Bitcoin prices change? We’re looking at how crypto prices work, what factors determine the price of crypto, and why crypto prices fluctuate. 📈 How do cryptocurrency prices work? The price of cryptocurrencies - whether that's Bitcoin, Ethereum, or any other altcoin - is determined by supply and demand. Put simply, the price of a given cryptocurrency is determined by how much interest there is in the market to buy (demand) as well as how much is available to buy (supply). If there is a high demand, but low supply, the price goes up. If there is a low demand, but a high supply, the price goes down. It's this relationship between the two that determines the price of cryptocurrencies. Cryptocurrencies aren't unique in this sense. Many other markets with tradeable assets like stocks, commodities, and securities also have prices determined by supply and demand. While supply and demand are the two key factors that de...