May 31, 2018

Are traders messing with the price of bitcoin? And why should you care?

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Bitcoin’s wildly fluctuating price may not be the result of free market forces. The Department of Justice has reportedly opened an investigation into whether traders are manipulating the price of bitcoin and other digital currencies. Marketplace Tech host Molly Wood spoke…

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Are traders messing with the price of bitcoin? And why should you care?

The U.S. is reportedly investigating price manipulation in digital currencies.
JACK GUEZ/AFP/Getty Images

Bitcoin’s wildly fluctuating price may not be the result of free market forces. The Department of Justice has reportedly opened an investigation into whether traders are manipulating the price of bitcoin and other digital currencies. Marketplace Tech host Molly Wood spoke with Peter Tchir, a market strategist at the investment bank Academy Securities about digital currency price manipulation his article on the topic for Forbes. (05/31/2018)

 

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