This paper is published in Volume-6, Issue-2, 2020
Area
Commerce
Author
Samrth Kanungo
Org/Univ
NMIMS Anil Surendra Modi School of Commerce, Mumbai, Maharashtra, India
Pub. Date
30 March, 2020
Paper ID
V6I2-1335
Publisher
Keywords
Cryptocurrency, Fiat, Revolutionize

Citationsacebook

IEEE
Samrth Kanungo. Cryptocurrency Fluctuations, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Samrth Kanungo (2020). Cryptocurrency Fluctuations. International Journal of Advance Research, Ideas and Innovations in Technology, 6(2) www.IJARIIT.com.

MLA
Samrth Kanungo. "Cryptocurrency Fluctuations." International Journal of Advance Research, Ideas and Innovations in Technology 6.2 (2020). www.IJARIIT.com.

Abstract

Crypto currency, an encrypted, peer-to-peer network for facilitating digital barter, is a technology developed eight years ago. Bitcoin, the first and most popular crypto currency, is paving the way as a disruptive technology to long-standing and unchanged financial payment systems that have been in place for many decades. While crypto currencies are not likely to replace traditional fiat currency, they could change the way Internet-connected global markets interact with each other, clearing away barriers surrounding normative national currencies and exchange rates. Technology advances at a rapid rate, and the success of a given technology is almost solely dictated by the market upon which it seeks to improve. Crypto currencies may revolutionize digital trade markets by creating a free-flowing trading system without fees. In this paper, we analyze the fluctuations in the prices of crypto currencies (bitcoin particularly) and the reasons associated with them.