You know... with there being thousands in BTC volume traded daily.  Millions of dollars a day... there is only really one reason the price is resisting the greater trends in an amazing bull market where even known scam coins are growing orders of magnitude in value.

Someone is selling.

Our bull market is being quietly held down by someone or someones selling.

I believe it's that simple.

Proofpoint said it has detected infected machines that have transferred several thousand dollars worth of Monero to the creators of the virus.

The firm believes Adylkuzz has been on the loose since at least May 2, and perhaps even since April 24, but due to its stealthy nature was not immediately detected.

"We don't know how big it is" but "it's much bigger than WannaCry", Proofpoint's vice president for email products, Robert Holmes, told AFP.

A US official on Tuesday put the number of computers infected by WannaCry at over 300,000.

"We have seen that before -- malwares mining cryptocurrency -- but not this scale," said Holmes.