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What are the main factors that influence intraday pricing in the cryptocurrency industry?

avatarMohamed ShokryDec 17, 2021 · 3 years ago1 answers

What are the key factors that affect the price fluctuations of cryptocurrencies within a single day?

What are the main factors that influence intraday pricing in the cryptocurrency industry?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    The main factors that influence intraday pricing in the cryptocurrency industry are market demand and supply, news and events, market sentiment and investor psychology, and technical analysis and trading algorithms. Understanding these factors can help investors make informed decisions and navigate the volatile cryptocurrency market.