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Experts: the collapse of the crypto-currency market could occur against the backdrop of an investigation by the CFTC



This assumption is the most realistic, although there are others.




10.Jun.18 8:06 PM
By Abigail Richards
Photo Toinnov.com

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Experts: the collapse of the crypto-currency market could occur against the backdrop of an investigation by the CFTC
According to experts, the collapse of the crypto-currency market could occur against the background of an investigation by the CFTC. In particular, as forklog.com writes, experts agree that the sharp "collapse" of the bitcoin rate is because after the futures for the leading cryptocurrency started, CFTC demanded from Coinbase, Kraken, Bitstamp, and itBit to provide data on trading.

According to specialists, immediately after the announcement of this requirement, the bitcoin rate fell by 4.7 percent, Ethereum - by 5.4 percent, EOS - by 10.3 percent, and IOTA - by 9.9 percent.

However, there are other opinions. In particular, some analysts say that there is no difference between these "phenomena," because the CFTC demanded it last night, and the rates began to fall only today. Also, analysts say that the discrepancy of this assumption is indicated by the fact that within a day after the publication of the news the flat continued.

There are also opinions that the reason for such a sharp drop in rates may be the crypto-currency hacking of the South Korean exchange CoinRail.



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