{"id":4910,"date":"2023-02-07T18:00:14","date_gmt":"2023-02-07T17:00:14","guid":{"rendered":"https:\/\/ekiwi.de\/index.php\/4910\/was-bestimmt-den-preis-von-kryptowaehrungen\/"},"modified":"2023-02-07T18:01:57","modified_gmt":"2023-02-07T17:01:57","slug":"what-determines-cryptocurrency-price","status":"publish","type":"post","link":"https:\/\/ekiwi.de\/en\/index.php\/4910\/what-determines-cryptocurrency-price\/","title":{"rendered":"What Determines Cryptocurrency Price?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ekiwi.de\/en\/index.php\/4910\/what-determines-cryptocurrency-price\/#What_is_Ripple\" >What is Ripple?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ekiwi.de\/en\/index.php\/4910\/what-determines-cryptocurrency-price\/#What_is_XRP_Price_History\" >What is XRP Price History?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ekiwi.de\/en\/index.php\/4910\/what-determines-cryptocurrency-price\/#How_to_Buy_Cryptocurrency\" >How to Buy Cryptocurrency?<\/a><\/li><\/ul><\/nav><\/div>\n<p>Looking for a good crypto asset for investment, many people first check the top-traded coins, for they have the highest demand and trade volume. One of the most popular coins, which is also one of the most controversial, is <a href=\"https:\/\/blog.whitebit.com\/en\/xrp-coin\/\" target=\"_blank\" rel=\"noopener\">XRP Ripple<\/a>. Let\u2019s discuss its essence, price, and news.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Ripple\"><\/span>What is Ripple?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Ripple company was founded long before the first crypto asset &#8211; Bitcoin &#8211; emerged. Initially, the platform was focused on financial corporations and banks to integrate its technology for facilitating their work processes connected with money transfers.<\/p>\n<p>The SWIFT system has become outdated because it includes many middlemen, requiring high fees and taking a lot of time for currency conversion. The Ripple ledger came with the solutions to all these problems:<\/p>\n<ul>\n<li>low commissions;<\/li>\n<li>speedy work;<\/li>\n<li>no intermediaries.<\/li>\n<\/ul>\n<p>The platform is used by blockchain developers, financial companies, and individuals who want to avoid bank services and deliver money to any point in the world in a matter of a few minutes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_XRP_Price_History\"><\/span>What is XRP Price History?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The XRP Ripple price does not show any dynamic because of the judicial process initiated by the SEC demanding the Ripple company to claim their token is security. This process pulls the XRP price down and does not allow the project to develop in full.<\/p>\n<p>On the other hand, many large investors bought XRP and gold tokens long-term, waiting for the project to solve its issues with the SEC and grow.<\/p>\n<p>The XRP peak price was over $2 in 2018. The next high was $1,58 in 2021. As of January 2023, the rate is $0.39, which is not very different from what it was in 2022.<\/p>\n<p>The Ripple example shows that troubles with regulators primarily affect crypto prices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Buy_Cryptocurrency\"><\/span>How to Buy Cryptocurrency?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The XRP token is very popular and listed on all crypto platforms. If you want to take advantage of small XRP price fluctuations and use the daily trading strategy, use a reliable<\/p>\n<p>cryptocurrency exchange, for example, WhiteBIT. It is a safe platform for trading with a variety of financial instruments and high liquidity for traded pairs. Register on this crypto exchange to use all its benefits.<\/p>","protected":false},"excerpt":{"rendered":"<p>Looking for a good crypto asset for investment, many people first check the top-traded coins, for they have the highest<\/p>\n","protected":false},"author":2,"featured_media":4909,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[877],"tags":[934,935,936,937,938,939,940,941,942,943],"class_list":["post-4910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-crypto-en","tag-cryptowaehrung-en","tag-digitale-waehrung-en","tag-digitalwaehrung-en","tag-finanzen-en","tag-geld-en","tag-investieren-en","tag-investment-en","tag-krypto-en","tag-kryptowaehrung-en"],"_links":{"self":[{"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/posts\/4910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/comments?post=4910"}],"version-history":[{"count":0,"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/posts\/4910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/media\/4909"}],"wp:attachment":[{"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/media?parent=4910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/categories?post=4910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekiwi.de\/en\/index.php\/wp-json\/wp\/v2\/tags?post=4910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}