Chinese exchanges done goofed?
OKcoin and Huobi at the same time ? It got to 1734 (278.59 USD) on OK and then froze? WTF is goin on?
Meanwhile finex drops hard.
indeed, what's up??
The finex dump might be related to the news that Greece has said they will start pension and tax reform by next week if they can have more money from the EU. You can read the whole letter they sent to the EU at the link below the quote. They have refused to discuss pension reform until now so it makes it look like they they might yet do a deal to stay in the EU. Everyone's speculating the Bitcoin price has been rising on fears of a Grexit and this new offer from Greece might prevent one. That might be why people started dumping.
Consistent with the principles of this medium to long term Programme, the Republic is committed to
a comprehensive set of reforms and measures to be implemented in the areas of fiscal
sustainability, financial stability, and long-term economic growth. Within the framework of the
Programme, we propose to immediately implement a set of measures as early as the beginning of
next week including:
Tax reform related measures
Pension related measures
http://online.wsj.com/public/resources/documents/eugreecepdf.pdf