@CryptoSorted
more from that month
What is responsible for the recent pump...? Generally, it just whales doing what they know how to do best. However, on a more objective note, the following can be said to be responsible for the recent pump: 1. Elon mentions he and his companies own Bitcoin in their reserve. 2. Amazon and Walmart to begin accepting crypto. 3. The bears are getting exhausted as the bulls push harder to reclaim the market. These are the three major catalysts I see, along with whales wielding their power. #Cryptocurrency
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I wonder if "whales" have an incentive besides profit to jerk the crypto markets up and down? Think about it ..... until crypto prices become more stable, it will be hard for crypto to replace fiat as a currency.