The cryptocurrency market is primarily governed by the laws of supply and demand, where the price is determined by rising demand (people's desire to buy) against limited supply (the quantity of currencies), which drives the price up, and a decrease in demand or an increase in sellers lowers the price. This is a fundamental economic principle in this decentralized market, and there are giant companies that support and invest in cryptocurrencies, whether by holding large amounts of them (like MicroStrategy), providing related services (such as Coinbase, Visa, Mastercard), or even accepting them as a payment method on their platforms (like Shopify and Tesla), demonstrating an increasing integration between major companies and the digital sector.
Examples of giant companies:
Technology and automotive companies:
Tesla: Has purchased large amounts of $BTC Bitcoin and accepts payment in it sometimes.
MicroStrategy: Invests heavily in Bitcoin and is considered one of the largest holders.
Financial services and payment companies:
Visa and Mastercard: Are working to integrate digital currencies into their services through partnerships with trading platforms and launching cryptocurrency payment cards.
Coinbase: A popular and robust exchange platform in the world of digital currencies.
E-commerce platforms:
Shopify: Supports cryptocurrency transactions to facilitate purchases.
Mining and investment companies:
Mara (Marathon Digital Holdings): A company specialized in Bitcoin mining.
Galaxy Digital: A financial services company in the cryptocurrency sector.
The role of these companies:
Institutional adoption: Major companies increase the legitimacy of digital currencies and open the door for more investors.
Facilitating transactions: Working to integrate digital currencies into payment systems and daily services, making them easier to use.
Investment and protection against inflation: Some major companies, especially in the technology and finance sectors, invest in Bitcoin as a means to protect their assets from inflation.
