A giant Bitcoin transaction – possibly a sell-off – caused Bitcoin to drop to lows of under $8000 on September 24. Byte Tree: Exchange Triggered ‘Short Term Panic’ That was the conclusion of monitoring resource Byte Tree, which provided fresh data for the past 24 hours’ trading activity on Wednesday. The theory offers a new perspective on the tumultuous week for Bitcoin investors. They watched as the largest cryptocurrency fell by up to 20% inRead MoreThe post Bitcoin Price Plunge Came From $1.2B Sell, Data Says Amid Hashrate Row appeared first on Bitcoinist.com.
