I think you are finding correlation and not causation. I suppose a giant cartel manipulation is possible in an unregulated space. But the price began to fall before CME started Bitcoin's futures.
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I think you are finding correlation and not causation. I suppose a giant cartel manipulation is possible in an unregulated space. But the price began to fall before CME started Bitcoin's futures.
The author of this article conveniently leaves out the fact that the opening of the futures market was clearly a "buy the rumor, sell on the news" type event. Tone Vayz called it that and he was spot on.