News and Events: News related to legal policies, new partnerships, or acceptance by large organizations can have a strong impact on exchange rates. For example, Tesla's acceptance of Bitcoin in early 2021 sent Bitcoin prices skyrocketing.#bitcoin

Market Psychology: Investor psychology plays an important role. Rumors, predictions, or even tweets from influential figures like Elon Musk can create major fluctuations.

Engineering and Technology: Technical upgrades, new technological developments, or security issues also affect the value of coins. For example, the development of Ethereum 2.0 has helped increase the value of Ethereum.

Global Economic Situation: Inflation, economic recession, and traditional currency fluctuations also affect cryptocurrency rates. Many people look to cryptocurrency as a "shelter" during times of economic instability.

Forecasts and Future Trends

Sustainable Growth: Many experts predict that leading coins such as Bitcoin and Ethereum will continue to increase in value over the long term thanks to widespread adoption and scarcity.

The Rise of New Projects: New blockchain projects with breakthrough technology solutions can attract strong investment and cause billion-dollar fluctuations.