Bitcoin price crash REVEALED: Reason behind sudden cryptocurrency plummet
The managing director at eTorro, Russia, said the influx of “mass-market consumers” looking to join the cryptocurrency trend led to the sudden surge in price for bitcoin, which reached highs of around $20,000 in December.
Mr Verbitsky told RT: “Many people behind bitcoin and cryptocurrencies as a whole understand that the skyrocketing prices in the last few months are linked to cash inflow from mass-market consumers. Even pensioners wanted to invest.
“Experienced investors knew that the bitcoin honeymoon couldn’t last forever. Those who catch the last train are usually punished by the... read more
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