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nicktemple

I wonder....

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I was just thinking with the market so low all of a sudden, xrp is holding up well, but could this be huge manipulation done because the Swiss trading ETF has been approved, and is going live on the 21st, which will allow 1.2 trillion to have access to the market. 

The low prices would make it very enticing for the institutional money that could be about to enter.

https://www.ft.com/content/217f71a5-34fe-39ff-9e2d-fd708074602a

 

 

Edited by nicktemple

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21 minutes ago, nicktemple said:

I was just thinking with the market so low all of a sudden, xrp is holding up well, but could this be huge manipulation done because the Swiss trading ETF has been approved, and is going live on the 21st, which will allow 1.2 trillion to have access to the market. 

The low prices would make it very enticing for the institutional money that could be about to enter.

https://www.ft.com/content/217f71a5-34fe-39ff-9e2d-fd708074602a

 

 

I think your thoughts are aiming in a right direction. Institutional buying would be as for low price as possible. Could be this one.

Maybe through conspiracy theory bch hard fork was an instrument for justification of market collapse. Just my 2 cents.

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