$ETH

Cryptocurrencies like "Bitcoin" and "Ethereum" have become the topic of the world, and many people are wondering: why are their prices increasing this way?

The reason? There is more than one factor:

1. Supply and demand: when the demand for a currency increases, its price rises, especially if the quantity is limited like bitcoin (only 21 million coins).

2. Institutional adoption: the entry of large companies or banks into the cryptocurrency space gives them confidence, and this elevates its price.

3. Media attention: news, tweets from influencers (like Elon Musk), and even rumors can cause the price to go up or down!

4. Lack of trust in traditional currencies: when there is inflation or economic problems, people seek refuge in alternative assets like gold or cryptocurrencies.

5. Technological advancements: updates or new projects in digital networks can increase the value of the currency.