Looking at the week it's def crashing. But since a few hours people start buying it a lot. Made about +10% the last 3 hours… I am still confident there is a connection. But i cannot prove it.
Maybe i found something…
Bitcoins are meanwhile traded as ETF-Fonds.
One of the bigger ones is the „Bitcoin Investment Trust“.
WKN: A14S73 / ISIN: US09173T1088
A financial product from the Company „Grayscale“:
grayscale.co/bitcoin-investment-trust/
Grayscale belongs to the "Digital Currency Group"
dcg.co
Board Advisor from the DGC is
Lawrence H. Summers.
Quote from DCG:
He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama.
Ok. Just because the Board Advisor was Secretary of the Treasury under Clinton does not necessarily mean "they" trade with bitcoins. But i would not be surprised if he maybe offered them their product if you know what i mean.
// As eurAnon i am hitting my english writing limits. Bear with me.
What wonders me more is that a former Secretary of Treasury get knee deep into crypto currencies.
Ok then. Maybe it's worth a deeper look. Maybe not.
Stay safe guys.