Cryptos Are Collapsing Led By Altcoin Bloodbath - Bitcoin down 14% overnight, Bitcoin Cash down 25%

submitted by magnora7 from zerohedge.com

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[–]Mnemonic 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Ah yes, might I suggest a China facilitated 'attack'? Well not a real attack, just them selling their cryptos for dollars?

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yes this is partly the reason they hold so many US dollars too, they can jerk around the value like a leash if they hold enough.