Cryptocurrency prices are mostly influenced by demand levels
Cryptocurrency prices can be affected by many factors including news, pump and dump schemes, deliberate actions and others; however, demand levels are by the most powerful influential affecting prices of various coins.
Recent attitude of government is positive toward blockchain technology
The gradual acceptance of the disruptive technology is evident in the actions of governments and institutions that are showing significant signs of adoption. A very obvious example can be seen in Gibraltar’s draft regulations for blockchain startups.
