RATE Group | Bitcoin’s record price surge of 2017 was caused by a single person, study claims
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Bitcoin’s record price surge of 2017 was caused by a single person, study claims

05 Nov Bitcoin’s record price surge of 2017 was caused by a single person, study claims

Posted at 12:37h in Bitcoin News by

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Bitcoin’s dramatic price surge in 2017 that saw it reach record highs was caused by a single cryptocurrency trader, according to a new study.

University of Texas Professor John Griffin and Ohio State Assistant Professor Amin Shams claim their latest research of bitcoin transactions between March 2017 and March 2018 shows that bitcoin was manipulated through large-volume trades that drove the price up.

“This one…

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