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RE: BLOODBATH In The Crypto-Markets Today! What Does This Mean?

in #cryptocurrency8 years ago

These are healthy for crypto, the long term trend is still up so this gives us a buying opportunity. This is just a guess, but the Fed raising the interest rate 0.25% may have put confidence into the market and pulled some of the money away from crypto and into the manipulated stock market.

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Seems highly related to the Bitmain announcement.