Reflecting on the impact of supply & demand on the crypto-economy nosedive

The crypto economy received a dramatic haircut after the New Year. Although many people expected it, and in the case of the 'non-believers' hoped from it, the drop was the first substantial one in over a year. Prior to this, the market saw it's ups and downs, but always in an upward trajectory. It is however, important to understand a greater reason for why this swing was so dramatic. Aside from the typically publicised reasons of regulatory clampdowns, all out bans, scams and so on, the fact still remains, a limited supply coupled with a massive swing in demand causes substantial price fluctuations. Up until the New Year, when Bitcoin bounced around a ceiling of $20,000, the supply/demand p

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