Market cap is probably the most visible example. The market cap for all cryptocurrencies has grown from about $17 billion in January 2017 to $770 billion now. Much of that market cap was injected by large buyers – some of them governmental entities, like China – without disturbing the day-to-day market. As a result, the liquidity of the day-to-day market has gone up significantly, which allows smaller but still significant buyers to enter the market without making waves. The whales paved the way for dolphins to play among the minnows, in other words.
Crypto Market Adds $20 Billion in 30 Minutes as Bitcoin Price Spikes Above $7,400
The bitcoin price has surged 10 percent over the past 30 minutes, subsequent to experiencing a substantial spike in its volume.
Does The Russian Indictment Exonerate Bitcoin?
The indictment of 12 Russian cyber operatives goes to great detail in outlining the tools, techniques and tactics used to derail the Democratic Party and Hillary Clinton's presidential ambitions. The indictment also shows how the traceability of the bitcoin blockchain aided law enforcement.
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