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Can price of a coin control by someone?
A number of things can affect a cryptocurrency's price, but no single person can directly control it. News, investor attitude, trade activity, market supply and demand, and other factors all affect prices. Due to the decentralized structure of the majority of cryptocurrencies and the broader marketRead more
A number of things can affect a cryptocurrency’s price, but no single person can directly control it. News, investor attitude, trade activity, market supply and demand, and other factors all affect prices. Due to the decentralized structure of the majority of cryptocurrencies and the broader market forces at work, large traders, or “whales,” can temporarily influence things by making massive trades, but maintaining control is difficult.
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