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July 26, 2018, 12:16:23 PM |
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The crypto industry always attracts speculators and market makers. Financial institutions including George Soros, the Rothschild clan, and others from the uninitiated now have a different view of the Bitcoin market. It creates interesting development, although the potential impact has not been determined. This particular Rothschild family is best known for its close relationship with banks and financial institutions. As such, one would not expect them to have a different view on bitcoin. In fact, it seems that this family has been operating in the crypto business for quite some time. The first rumors began to reappear in 2017 when Rothschild began buying crypto via the GBTC. With this positive sign, it is only a matter of time until investors act. Bitcoin is still volatile, but it seems most of the downside pressure on the market has weakened. After rising wildly last year, things have returned to normal for investors. With the Dow Gains and the S & P 500 also defeated this week, diversification remains key to the parties.
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