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In this article, we’ll analyse the different factors that affect a cryptocurrency price.

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A further blow was dealt when China ordered Bitcoin mining in its Sichuan province to shut down completely and furthermore told banks to stop supporting crypto transactions, in a latest wave of restrictions on cryptos.
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It can be seen from Fig 6 that coherence in the short run is erratic throughout the time interval analysed, and that there is little appreciable difference between the bubble and non-bubble regimes. However in the medium term (8–16 and 16–32 days), coherence generally peaks around areas where bubbles have been identified in the price series. The longer term relationship, though, is less dependent on whether the price is in a bubble phase.
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So what happened? And is there any hope for a recovery? To answer both, you have to look at quite a few factors.

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