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Bitcoin and other cryptos have slumped after record-highs. Is market manipulation the reason why?
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euronews.comBitcoin and other cryptocurrencies have fallen sharply after seeing record-highs just last week.
Bitcoin’s price plunged to $58,400 (€51,000) on Tuesday and hovered just under the $60,000 (€53,000) threshold on Wednesday as the crypto market is again becoming a sea of red.
It marks a 12 per cent drop from the record high of $69,000 (€61,000) set on November 10.
The second-largest crypto Ether meanwhile plunged more than 14 per cent since its record last week to reach $4,244 (€3,7500).
The reasons
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