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Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally

Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly Pumped

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