Bitcoin Rally may be due to manipulation up to $ 20,000 last year
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According to Bloomberg it is that the US Department of Justice is now looking to see if merchants used controversial cryptocurrencies in the form of tether.
That's why the US regulator is now seeing that the Bitcoin rally was due to manipulation in the market last year. On Tuesday, Bitcoin was slipping during this month alone losing more than 35% of the value.
[image-source](https://pixabay.com/)
These federal prosecutors suspect that some traders using the famous trademark BitFinEx would have used the tether to run the prices illegally. Which has supported by the US dollar to pump the price of bitcoin?
To prove that the US dollar actually supports Tether Token, it shares the same authorities. In addition, in December 2017, the Commodity Futures Trading Commission requested the review and audit of tether and BitFinEx.
https://img.whaleshares.io/wls-img/aaaac/4e9af88c1696a7ed17240887837afe3925d1eeda.png
[source](https://dailyhodl.com/2018/11/21/last-years-bitcoin-rally-to-20000-could-be-due-to-manipulation/)
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