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RE: Bitcoin could fall below $5,000 if this report on a mysterious cryptotoken is right

in #bitcoin7 years ago

A group of investors called the 1000X Group, who look for the next big crypto hit, recently commissioned a report to determine Tether’s influence on the bitcoin price.

"Based on publicly available information, the report found that bitcoin’s price rose about 40% in the two-hour windows after each batch of newly issued Tether coins arrived at the exchange Bitfinex’s digital wallet, between last April and this January." interesting