Cryptocurrency prices are determined by supply and demand on exchanges where they are bought and sold, similar in principle to how any freely traded asset's price is set. Understanding this matters directly if you plan to fund everyday spending from a crypto wallet.
Published September 15, 2026 · 2 min read
Cryptocurrency prices like bitcoin's are set by supply and demand on exchanges, but without a central bank managing supply. This means prices respond directly to buying and selling activity, with no institution stepping in to stabilize them.
Because crypto markets trade continuously, not limited to weekday business hours like traditional stock markets, prices can move at any time, including nights, weekends, and holidays. A price can change significantly between when you check it in the evening and when you spend the next morning.
A stablecoin is specifically designed to avoid this price movement by being pegged to a fiat currency, which is why it behaves differently from a non-pegged asset like bitcoin despite both being cryptocurrencies. The peg keeps the value steady relative to the fiat currency it tracks.
Understanding which coins in a wallet are pegged versus non-pegged matters directly for anyone using the wallet to fund everyday spending, since only the pegged balance avoids day-to-day value swings. Nexus Pay lets you hold both types side by side, swap between them in-app, and fund a Visa card for spending and ATM withdrawals, giving you control over which balance you draw from.
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