With the Tether news and Bakkt launch delay, it seems indicitative that the sell-off that started on Nov 18th appears to be inside trading.

So, basically business as usual.

I still don't buy that we lost 1k (20%) in total asset value because of a shitcoin hash-war. The more bcash suffers, the more likely that miners are going to abandon the shit show clown car and hop over to bitcoin to preserve ROI.

It seems much more readily apparent that the bigger fundamental news of Bakkt + DOJ Investigation into tethers is what caused this market spook.


submitted by /u/Cryptolution
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