The cryptocurrency market is highly volatile, meaning that prices can fluctuate rapidly and unpredictably. The market is influenced by a variety of factors such as
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demand and supply, regulatory changes, news and events, investor sentiment, adoption rates, and technological advancements. For example, positive news such as institutional adoption or new partnerships can increase demand and drive up prices, while negative news such as government crackdowns or security breaches can decrease demand and cause prices to drop.
Additionally, the market is still relatively new and lacks stability and regulation, which can contribute to its volatility.
