Many investors store digital currencies in search of better investment conditions according to many updates, influences and factors, including:
1. Influential figures:
- Elon Musk: CEO of Tesla and SpaceX, is considered one of the most influential figures in the digital currency market, especially dogecoin. His tweets on Twitter can lead to significant price fluctuations.
- Changpeng Zhao (CZ): Founder and CEO of Binance, has a significant impact on the market due to the decisions he makes regarding listing new currencies or removing some of them.
- Vitalik Buterin: Founder of $ETH, has a significant impact on currencies linked to Ethereum or projects built on its network.
2. Banks and financial institutions:
- JP Morgan: It is one of the first financial institutions to start integrating blockchain technology, and its reports on digital currencies affect market trends.
- Goldman Sachs: It provides investment services related to digital currencies, and its economic forecasts on digital currencies can affect the market.
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