I started to be involved in the crypto currency world just this year of July and the price of bitcoin at that time somewhere $1,300 to $1,800 and I wonder why it had a meteoric rise of the price in just 5 months. Would it will be happen to some digital coins also listed in coinmarketcap? Is there any reasons that it was manipulated or anybody behind on how this price dramastically goes up so high?
It's possible that it can also happen into some other altcoins that are listed in the coinmarketcap. We can't say that there's a manipulation that's happening but we are many in the community that are considering that. But we can't also forget that it is just a normal increase in demand since cryptocurrencies today are starting to make their own move and popularity that was being helped also by the mainstream medias.