Crypto imploded in 2022, as investors lost faith in digital assets and the industry was plagued with crisis. But unlike other collapses, it has largely avoided rippling into other markets. WSJ explains how crypto became so interconnected. Illustration: Mallory BranganLarger investors appear to be powering a recovery in bitcoin prices, as the sway of smaller individual traders over cryptocurrency markets wanes.
Based on end-of-day trading prices, bitcoin has rallied about 51% from a nadir hit in November, after, according to Dow Jones Market Data. It was quoted late Thursday at about $23,600, and drifted slightly lower in early trading Friday. Other tokens such as ether and dogecoin have also rebounded. The recovery mirrors a rebound in other risky assets, such as some
No
The small investors are just pawns in their game of manipulation.
Yes they pump and dump it on small investors
Pump and dump.
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