Bitcoin’s price has been stunning steady at about $70,000 for a while now, since mid-May. Despite this, the cryptocurrency’s worth has shown the tiniest movement, fluctuating within a little 6% range. This time of low volatility has hindered market players, especially as Bitcoin’s all-time high of $74,000 stays tantalizingly tight yet clearly out of reach.
The lack of activity in the expense has extremely annoyed traders and investors, and there has been a bunch of talk about expense manipulation. Adam Back, who is a current of Bitcoin’s perplexing creator Satoshi Nakamoto, handled these problems in a recent discussion.
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