Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: rasangaya on May 31, 2020, 11:50:16 AM
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Peter Schiff Claims The Latest Bitcoin Rally Is Due To Major Manipulation By Whales
(https://i.imgur.com/2bWcXef.jpg)
Bitcoin has registered a strong recovery the past few days from lows of around $8.6K. At the time of publication, BTC is sitting comfortably above $9,400. Perhaps the most interesting thing about this rally is that it came hot on the heels of public criticism from a mainstream investment bank.
However, gold bug Peter Schiff is not convinced by the authenticity of the rally. Schiff believes it is purely market manipulation caused by bitcoin whales.
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