Isabella
Thu Jul 11 2024
|
7 answers
1356
Is 51% of bitcoin trading volume bogus?
In the realm of cryptocurrency trading, there have been persistent rumors and allegations surrounding the authenticity of bitcoin trading volume. Could you elaborate on the basis of these assertions? Specifically, are there indications that a significant portion, perhaps even 51%, of the purported bitcoin trading volume is bogus? If so, what are the key factors or evidence that support this claim? And what impact does this alleged bogus trading volume have on the overall cryptocurrency market, especially with regards to price discovery and investor sentiment? Clarifying these matters is crucial in understanding the true nature and dynamics of the bitcoin market.
