Who sets the price of Bitcoin Market?
The price of Bitcoin Is determined by supply and demand.
As we all know by general economics when the price goes up and the commodity can't keep up with the demand and price goes low when the demand is low and supply is in abundance.
With the supply of Bitcoin is limited to 21 million ,once that mark is reached there wont be anymore coins to be mined by miners. Till date their are 18 million BTC in circulation, that is about 80% of it is has been mined and available to the public for use. So with supply being limited and ever growing popularity ,the price of BTC is speculated to moon.
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