1. News. For example, information about a digital coin's inclusion on the list of a popular crypto exchange or news about altcoin developers collaborating with a large corporation can cause its price to rise. When there is news about system errors, a major theft, or an unsuccessful hard fork, the coin usually falls.
2.Large players can purposefully cause fluctuations in cryptocurrency rates in order to profit from ordinary traders' reactions. They generate fictitious excitement by purchasing the selected coin and waiting for the majority of players to join the general movement. Speculators take profits after waiting for attractive levels, and the trend reverses sharply. The majority of small traders lose money in such situations.

Several factors influence the volatility of currencies in the forex market. Economic indicators such as GDP growth, employment rates, and inflation data significantly impact currency values by reflecting a country's economic health. Central bank policies, including interest rate decisions and monetary policy statements, can lead to substantial currency fluctuations. Political stability and geopolitical events, such as elections, conflicts, and trade agreements, also play crucial roles. Additionally, market sentiment, driven by traders' perceptions and speculative activities, can cause sharp currency movements. Other factors include natural disasters, changes in commodity prices, and global economic events. Understanding these influences helps traders anticipate market volatility, manage risks, and develop informed trading strategies.