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One of the primary factors that affects bitcoin's price is the basic economic principle of supply and demand. Bitcoin has a fixed supply of 21 million coins, and as more people seek to own bitcoin, the demand for it increases. As demand increases, the price goes up. Conversely, if demand decreases, the price will go down. However, due to the volatility of bitcoin, supply and demand alone cannot explain its rapid fluctuations.

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<h2>Introduction</h2>。<h2>Supply and Demand</h2>