Today, we started with Bitcoin great pump like end of the 2017. Bitcoin almost %20 rised and reached almost 8K in 1 hour. Then, started the retreat again to 7K.
What is going on Bitcoin? Is it related with Tether? Tether has moved in last days. Can anyone explain?
I don't find any reason why the price of bitcoin is suddenly jumped for almost 5%-10% according to some news that the price of bitcoin hit 7k value again from Bitfinex exchange in Hongkong but according to CMC the price of bitcoin was increased around $6700.
There is $10 billion added on market capitalization but I can't find any reasons why the price increased in a couple of minutes but I think there is a big event happen in hong kong where many people buy bitcoin a few hours ago.