2

I would like to know if there is anything that moves the crypto market apart from the speculators, or are cryptocurrencies purely speculative?

For example, in the oil industry there are hedgers who play a large role in what happens to commodity prices.

  • 4
    Buyers and sellers move the price of a security. It doesn't matter if they are speculators, hedgers or investors. – Bob Baerker Feb 13 at 15:54
  • 2
    Probably speculators, criminals, and enthusiasts. I'm sure the latter two categories are minorities. – user253751 Feb 13 at 16:06
2

Cryptocurrency miners are likely to hedge production. Bitcoin can be hedged with futures and options. Other hedges would require a business contract with an exchange or with an investment bank.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.