Post
Topic
Board Speculation
Re: What will be the impact to bitcoin price after CME future start trading?
by
soham
on 05/12/2017, 08:30:02 UTC
Yes, the bitcoin price will become more volatile after the CME group enters in to the crypto market with few billions of dollars. And because they are cash rich, the price manipulation would be easier for them. But I believe the crypto market will be impacted in a positive way because the entry of big institutional player in to crypto market will mark another step closer to the legalization. That will matter a lot to the crypto community worldwide and a positive impact will definitely happen. Even the price will be more volatile than now, but bitcoin will be able to keep up with the upward trend. That's what I believe!