@BOMBERuss 6 October 2021 more from that month

The sharp rise in quotations on October 6 was provoked by fundamental, not news factors, according to Andrey Podolyan, CEO of Cryptorg crypto exchange. According to him, the growth of bitcoin to $ 55.5 thousand was caused by the long accumulation of cryptocurrencies by large investors who took advantage of the decline in quotations in the summer and in September for large purchases. "A lot of small players were selling in a panic, and funds were buying bitcoin from them at that time," the expert noted. Podolyan's words are confirmed by the head of the analytical company CryptoQuant, Ki Yong Ju. He said that large holders during the growth of bitcoin to $ 55.5 thousand bought a cryptocurrency worth $ 1.6 billion in 5 minutes. Top Gainers Now! #CryptoTrading