#USChinaTensions General Factors Influencing Cryptocurrency Prices:

Supply and Demand: This is a fundamental economic principle. If the demand for a cryptocurrency increases while the supply remains the same or decreases, the price is likely to rise.

Factors that can increase demand include:

Increased Adoption: More individuals and businesses using a particular cryptocurrency for transactions or as a store of value. For example, if a major company announces it will accept a specific cryptocurrency as payment, demand could increase.