Why did bitcoin and ethereum crash last week?

in #bitcoin • 7 years ago

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From the chart, we can observe that bitcoin and ethereum follow the same pattern. This suspiciously looks like high frequencies trading algorithms driving the price.

Who would be benefit from such manipulation?

The big banks
The Chinese
Hedge funds

Are the same people manipulating the precious metal complex scared of the threat caused by the cryptos?

#ethereum #beyondbitcoin #cryptocurrencies #news
7 years ago in #bitcoin by
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