Why are cryptocurrencies so volatile?My opinion based on research.
First off, cryptocurrencies are a new and unstable asset class that is influenced by a range of factors including regulatory developments, media coverage, and changes in public sentiment. Their prices can fluctuate rapidly due to market speculation and hype, even with small changes in supply or demand. Cryptocurrencies are also largely unregulated in many countries, making them susceptible to price manipulation by large holders or organizations. Some people may not see the benefits of trading cryptocurrencies, but the author finds them useful and has diversified their portfolio through airdrops events from various exchanges. sourcelink🔗
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