Federal Reserve: Bitcoin Futures Launch Led To December 2017 Price Decline

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Federal Reserve: bitcoin Futures Launch Led To December 2017 Price Decline

Federal Reserve: bitcoin Futures Launch Led To December 2017 Price Decline Тhe Federal Reserve Bank of San Francisco released an Economic Letter May 7, suggesting that bitcoin’s (BTC) decline following its $20,000 peak was the result of the launch of bitcoin futures trading. The Federal Reserve’s letter says that “the rapid run-up and subsequent fall in the price after the introduction of futures…

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