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Z crypto - زي كريبتو
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🚨 Bitcoin drops in price every day at 10 AM US time 🚨
One of the accusations against the market maker Jane Street was also the main reason for the collapse of Terra Luna.
There is talk that they had an algorithm responsible for the drop of Bitcoin every day at 10 AM for several months, causing traders to be coded and pressuring the price down, buying at the lowest prices, then the price rises, and they repeat the process every day.
After they were sued, they stopped the manipulation, and now we see a beautiful rise for Bitcoin and cryptocurrencies (even though most are losing).
If this is true, one company is able to manipulate an entire market, imagine what the other market makers are doing in alternative currencies? 🤔
One of the accusations against the market maker Jane Street was also the main reason for the collapse of Terra Luna.
There is talk that they had an algorithm responsible for the drop of Bitcoin every day at 10 AM for several months, causing traders to be coded and pressuring the price down, buying at the lowest prices, then the price rises, and they repeat the process every day.
After they were sued, they stopped the manipulation, and now we see a beautiful rise for Bitcoin and cryptocurrencies (even though most are losing).
If this is true, one company is able to manipulate an entire market, imagine what the other market makers are doing in alternative currencies? 🤔
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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