How is Bitcoin priced? $BTC

Bitcoin price is based on the law of supply and demand. In other words, investors determine how much they are willing to pay for the cryptocurrency. As a result, the price increases when demand increases and decreases when supply is lower.

Bitcoin is an autonomous and decentralized currency, meaning it is not subject to interference from governments or banking institutions. However, Bitcoin is also influenced by market laws and follows the global financial scenario. $BTC