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RE: Bitcoin is sliding, again. What's causing the drop?

in #bitcoin6 years ago

Newbie investors don't have the capital to affect Bitcoin's price at all though. The daily trading volume is in the billions of dollars. The price is pretty much entirely determined by large investment firms and billionaires. These people aren't really privy to sharing why they're selling as they want to keep their profits to themselves. Any analysis is just speculation.

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