{"id":124350,"date":"2019-06-26T16:08:28","date_gmt":"2019-06-26T20:08:28","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=124350"},"modified":"2019-06-26T16:13:29","modified_gmt":"2019-06-26T20:13:29","slug":"cryptos-like-bitcoin-are-the-most-manipulated-currencies-in-the-market","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=124350","title":{"rendered":"Cryptos Like Bitcoin Are the Most Manipulated Currencies in the Market"},"content":{"rendered":"

Bitcoin Explodes 20% Overnight, Rises Just Shy Of $13,000 And Everyone Wants To Know Why<\/h1>\n

ZeroHedge.com<\/p>\n

After breaching $10K over the weekend for the first time since March 2018,\u00a0bitcoin has accelerated its sharp move higher and, trading close to $13,000 on Wednesday, up almost 20% in the past 24 hours.\u00a0<\/strong>It is now up 240% since the start of the year, and even though it remains below its all-time high of nearly $20,000, at the current pace, it will surpass its all time high in just a few days.<\/p>\n

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The last time Bitcoin rose above $12,000 was in December 2017, when it continued to rally, on some days moving several thousand dollars inhours, eventually reaching its all time high as $19,511 just before Christmas 2017. That surge, however, was followed by a calamitous drop as retail investors fled, with the crypto dropping below $6,000 by February, and hitting $3000 just months later. All in all, in December 2017 and January 2018, Bitcoin spent about six weeks above $12,000.<\/p>\n

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