Its blatant ETH/BTC manipulation thats driving prices. Sell ETH/BTC when BTC is going up or down, rinse repeat. Watch Bitfinex - watch the trades it's a complete joke I'm convinced there are people who heavily own Bitcoin who have the power to mint as much USDT as possible and are slamming ether. Watch the trading action it makes no sense whatsoever it's not a market bitfinex
NoCode326
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@NoCode326, At these levels who in their right mind is selling eth/btc? No one unless you have an agenda and unlimited funds. Eth hits new all time high and .06 BTC and it loses nearly 50% down of its value down to .036 in 2 weeks? Again?
NoCode326
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@NoCode326, 900 block ETH sell vs. BTC on Bitfin, just now at 0362. After it bottomed on previous 036 low. Who sells nearly 450k of ETH at low extreme after it bottomed.
NoCode326
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@NoCode326, overall over 3k of ETH sell orders just filled into the bid between 036 - 0362....over $2.5 million. Sorry for the multiple posts but people need to be aware of this.