Conclusion
Mentioned above are a few factors that affect the price of any cryptocurrency. Besides these, there’s also market sentiment which affects the prices. This sentiment, however, can easily be swayed. For instance, every time Elon Musk tweets about Dogecoin, its price sees a surge. Therefore in real-time, there could be other factors such as current affairs, large volume transactions, etc., that could also affect the values of a cryptocurrency.
