Economy and Finance
Bitcoin Crash Rumors Swirl: “Chances Are Some Whales Know Something That Is Not Yet Public”
A number of crypto analysts and enthusiasts have weighed in on the possibility…
The last several months have been an absolute bloodbath for Bitcoin, Ehtereum, Litecoin and hundreds of other cryptocurrency Alt Coins.
Experts have provided a wide array of reasons for the crash including regulatory headwinds, market distrust and a correction resulting from a price rise in 2017 that was too big and came too fast.
But one theory now circulating in the blockchain community is that some very big insiders may have gotten wind of coming news that the rest of the market is not yet privy to. And those insiders could be rapidly unloading their Bitcoins to seek safety in traditional currencies.
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