– Buyers and sellers in the order book how come their listing aren’t the same price as current market price?

Question

I’m new to crypto and trading and want to understand more of how things work behind the scenes. I have few questions to ask.

1) If Bitcoin current price is $27000 then why in the order book listing buyers and sellers are not buying and selling their Bitcoin at the exact current market price? Can they just list it whatever price they please like $35000?

2) Does the buy and sell listing in the order book have an affect on the current market price in any way? If so how and what happens?

In: 0

Answer 1

While you’re open to learning, you should also know that crypto isn’t exactly conducive environment to learn about how a well-functioning and rational market behaves..