New report finds 15 major factors that cause crypto prices to rally
Cointelegraph
Published Oct 14, 2020 08:56AM ET
Updated Oct 14, 2020 11:00AM ET
EToro, the major multi-asset brokerage, released a crypto market quarterly report for Q3 2020. The report, titled “What Moves the Prices of Cryptoassets,” delves into the main factors that cause cryptocurrencies to rise in value.
The 15 “significant developments” that directly affect the value of a crypto asset include mergers, funding, halving, partnerships, staking and announcements. The researchers analyzed how crypto assets perform after one hour, one day, and one week after the developments occur.
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Written By: Cointelegraph
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