NOURIEL ROUBINI: WHALES ORGANISED DROP IN BITCOIN TO 8K

Doom said the Bitcoin market is controlled by whales.

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By a popular U.S. economist and community, Dr. Nouriel Roubini, a well-known bitcoin critic dubbed Doom, said: “he is expressing that there was another trick in cryptocurrency recently, and that trick was also carried out by whales.

Doom said the Bitcoin market is controlled by whales.

As cryptopotato recently reported, on May 10, the tipping price of Bitcoin dropped from $ 9,600 to $ 8,000 within minutes. As almost always, the move spread across the entire market, and most of the altcoins followed in the red.

This gave cryptocurrency critics such as Nouriel Roubini another opportunity to express their frustration.

Popular US economist took to Twitter to say whales are manipulating bitcoin's market:

Bitcoin collapsed by 15% in 7 minutes: most of the stock markets (90%) are in a fraudulent, completely manipulated, whale-controlled market where volume is wrong, where transactions pretend to have liquidity they don't have, a notorious economist says.


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