Bitcoin price fell below $8000 for the first time in over a week June 4 after several huge transactions appeared to move markets artificially. BTC Sheds $600 After Coinbase Sell-Off Data from cryptocurrency exchange Bitstamp painted a volatile picture for bitcoin Tuesday, BTC/USD suddenly dropping $500 in around 90 minutes. Further losses resulted in a ‘floor’ appearing at just under $7800 before support kicked in, taking Bitcoin back to around $7900 as of press time.Read MoreThe post Bitcoin Price: Whales ‘Manufactured’ Dump to Accumulate More BTC appeared first on Bitcoinist.com.
