Bitcoin
price fluctuations on the bitcoin exchanges are driven by many factors.
Below you will find the answers to the questions related to bitcoin
price that is most often asked by our users:
What factors determine bitcoin prices?
Bitcoin
prices depend on a lot of factors like international prices, market
volatility, overall demand and supply in India and internal
stock position.
Why is there a difference in Indian price and international price?
At
times, the Indian prices, both buy and sell prices, are 5-10 % higher
than international market. This happens when there is high demand for
bitcoins in India and sellers are not ready to sell cheap. Similarly,
there are days when Indian prices, again both buy and sell prices, are
lower than the international market.
It
is important to note that, even in the international market at times,
there is 5% gap between China and USA price and there are price gaps
even within USA exchanges.
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