Charting your Cryptocurrency World 1 Bit At a Time - CoinZodiaC Cryptocurrencies in general like Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano: prices are determined by supply and demand. The specific exchange rates are formed in the process of Bitcoin trading on various online exchanges. Just as with any other currency, Bitcoin's price is ever-changing and depends on a multitude of factors, including but not limited to the number and size of businesses which accept bitcoins as payment, general sentiment regarding the cryptocurrency's future and pure speculation.