- Nov 25, 2017
- 3
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The impressive rise of the cryptocurrency market capitalisation followed by a dramatic correction has left newcomers shocked about price volatility.
50% price swings over a short period (weeks if not days) aren't uncommon for experienced market watchers and crypto enthusiasts.
After the rapidly increasing awareness of cryptocurrency to mainstream media, regulators and institutionalised investors, many have suggested that the market is heavily manipulated, if not controlled by a handful of stakeholders.
Can these allegations turn out to be true?
Read more: https://www.tropyc.co/news/market-manipulation-reality-or-fantasy/
Happy holidays from the tropyc team.
50% price swings over a short period (weeks if not days) aren't uncommon for experienced market watchers and crypto enthusiasts.
After the rapidly increasing awareness of cryptocurrency to mainstream media, regulators and institutionalised investors, many have suggested that the market is heavily manipulated, if not controlled by a handful of stakeholders.
Can these allegations turn out to be true?
- The market is unregulated
- Exchanges act just like banks
- Listing a coin impacts its price tag
- Whales own most the crypto out there
Read more: https://www.tropyc.co/news/market-manipulation-reality-or-fantasy/
Happy holidays from the tropyc team.