Bitcoin is crashing and crashing hard !
Bitcoin is down 9% and is currently trading at $6915 ,after news that Coinrail, a Crypto Exchange in Korea has been hacked and that the SEC (Securities and Exchange Commission) is investigating Bitcoin price manipulation and has asked various crypto exchanges for historical trading data.
On Bitmex Exchange, Bitcoin is trading down as much as 12% at $6700
I was also upset with the price fall, but didn’t know the reason for the fall. Thanks for the information.
I also posted a hour ago asking for the reason. Give it a look here:
https://steemit.com/crypto/@vinayakgupta/what-s-happening-to-the-market
Thanks and welcome
just had a look !
The irony of the SEC investigating price manipulation while manipulating it themselves with is news.
ha
nice observation - that kinda makes sense