Fundamental Analysis in Cryptocurrencies: How News Affects Price
Fundamental analysis in cryptocurrencies often involves tracking news related to technology, regulations, partnerships, and other major events. For example, the launch of a network upgrade, regulatory changes, or the adoption of cryptocurrencies by large corporations can significantly impact prices. It's essential to monitor news from major cryptocurrency projects like Bitcoin, Ethereum, and others, as well as global regulatory developments. Analyzing these factors helps understand which events might shift investor sentiment and how these shifts could affect the price.