Bitcoin Price Volatility Returns Prior To ETF News, Reaches $1,350 All-Time High
While no changes have occurred regarding the approval of the Bitcoin ETF, the cryptocurrency’s price has started fluctuating in anticipation. A surge in trading activity saw volatility return to the market, Bitcoin going from $1,200 to $1,350 within minutes, only to fall by around $100 immediately as auto-sell barriers were reached. Exchange data shows large orders being placed - one for 1,140 BTC on Poloniex - indicating large bagholders are manipulating the market. Earlier on Friday, a sum of 750 BTC was reported to be on the move, changing addresses around every five minutes. As the....
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