Economic

Could Bitcoin’s “Whales” Manipulate the Market?

“Bitcoin has captured the public imagination this year — or at least, as its price skyrocketed, tapped into public greed. But bitcoin was built by a tight-knit community of technology buffs and entrepreneurs, and a relatively small number of them own an outsized share of the cryptocurrency. As smaller investors enter the market, some are asking whether those ‘whales’ are in a position to take advantage of the newcomers.”

Source: Could Bitcoin’s “Whales” Manipulate the Market? | Fortune

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