Bitcoin futures could be hurting bitcoin's price
Business Insider -

Bloomberg TV

Fundstrat cofounder Tom Lee says bitcoin futures contracts could be linked to the cryptocurrency's "gut-wrenching" decline.

Futures were launched in December and bitcoin has fallen from $20,000 to $6,500 since then.

There are concerns that bitcoin futures could be easily manipulated given the low liquidity on many key exchanges.

LONDON — A Wall Street analyst known for his bullish stance on bitcoin has flagged the possibility that bitcoin futures contracts could be hurting the...


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