Bitcoins incredible rise in value in the last 12 months has been down to massive market manipulation, a new study has revealed.
During the 2017 peak, which topped out at almost $20,000 (£15,000) per coin, traders were using a separate cryptocurrency called Tether to manipulate its value.
These actions, rather than real demand from investors, propped up the prices of Bitcoin when it was faltering and resulted in the currency’s meteoric rise. Continue reading “Is Bitcoin a SCAM? Cryptocurrency’s huge price spike last year was caused by massive ‘market manipulation’, claims study”


