Cboe Futures to blame for the Bitcoin Price Crash says Tom Lee – Bitcoints

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Published on June 16th, 2018 | by bitcoin

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Cboe Futures to blame for the Bitcoin Price Crash says Tom Lee

Cboe Futures to blame for the Bitcoin Price Crash says Tom LeeFactors Influencing the Bitcoin Price
Although Bitcoin markets will always be volatile, there are many different external influences in play at all times.
Over the years, there have been a fair few factors which pushed the Bitcoin price in a specific direction, either for better or worse.
Recent research hinted that Bitfinex and Tether were in cahoots to prop up the Bitcoin price in late 2017 and early 2018.
His financial expertise leads him to think the Cboe Bitcoin futures may be having a negative impact on the BTC price.
In his words:

Bitcoin sees dramatic price changes around CBOE futures expirations.

Source: Digitalmoneytimes.com

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