This is pure market manipulation, that’s been happening behind closed doors. I’m not saying that one coin is better than the other, but this is very unhealthy for the crypto world in general. People who were thinking to invest in crypto will be very discouraged after they see what kind of a price manipulation can be done by just a handful of large players.
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Indeed this is the case, however BTC has been very resilient to these attacks for a long time....and the evidence of that reluctance can be seen in the inertia that cryptos as a whole suffer from...