Quite a few theories emerge every time the worth of takes a sudden and steep dive. The standard suspects embrace authorities rules, the opportunity of exchanges manipulating costs, Bitcoin (BTC) whales manipulating costs, overleveraged merchants and a few conspiracies involving (USDT).
Between Aug. 15 and Aug. 18, Bitcoin’s worth skilled a major 12% decline. This incidence adopted a well-known sample, prompting a wide range of causes put forth by analysts and consultants.
Proceed Studying on Coin Telegraph