BlackRock has more to lose from a BTC price crash pre-Bitcoin ETF By Cointelegraph

[ad_1]


© Reuters

Numerous theories emerge whenever the price of takes a sudden and steep dive. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin (BTC) whales manipulating prices, overleveraged traders and some conspiracies involving (USDT).

Between Aug. 15 and Aug. 18, Bitcoin’s price experienced a significant 12% decline. This occurrence followed a familiar pattern, prompting a variety of reasons put forth by analysts and experts.

Bitcoin balance on exchanges (total), in BTC. Source: Glassnode, @jimmyvs24