The Bitcoin Plunge Protection Team: Bitcoin trading volumes slump to their lowest level this year but the price has gone up – July 24, 2021,
If you’re going to be investing in Bitcoin, be careful! Hedge fund managers are now in cryptocurrency which for the most part is still unregulated. I don’t like regulations, but I also understand that a lot of people in Bitcoin, don’t understand how financially savvy some of these hedge funds and other big-money investors are. The fiat markets are kindergarten, government regulations create docile and ignorant investors, free markets create men, and lovers of the nanny state are all about punishing intelligence, so again if you’re going to get into Bitcoin be careful!
Bitcoin trading volumes have plunged to their lowest levels this year. This chart shows how steep the drop has been. | businessinsider.com
Interesting times ahead!