The adoption of BITCOIN (BTC) by large financial institutions looks to be a double edged sword. Though it has helped to drive the price and attract new retail investors; there is the situation where they can manipulate the price.
I may be wrong though. It would not be the first time. Congratulations to the folks that have been hodling BTC for years. Lots of new millionares!
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There is no doubt that the Wall Street game is manipulation and with such a small market, they can do it rather easily. Sad but you nailed it: it helps on one hand yet also opens up another can of worms.
Fortunately, there is other crypto to fill in the voids that Bitcoin does not fill.
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For sure.