{"id":132979,"date":"2024-07-12T20:00:59","date_gmt":"2024-07-12T17:00:59","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132979"},"modified":"2024-07-13T02:01:31","modified_gmt":"2024-07-12T23:01:31","slug":"heres-who-to-blame-for-bitcoins-decline-according-to-matrixport-except-germany-and-mt-gox","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/heres-who-to-blame-for-bitcoins-decline-according-to-matrixport-except-germany-and-mt-gox\/","title":{"rendered":"Here’s Who to Blame for Bitcoin’s Decline Except Germany and Mt.Gox"},"content":{"rendered":"
Matrixport\u2019s latest analysis looks at the relationship between Bitcoin\u2019s decline and Korean investors, suggesting that the recent drop was likely influenced by Korean retailers.<\/p>\n
The company\u2019s analysts say<\/strong><\/a> that the majority of Bitcoin\u2019<\/strong><\/a> s decline over the past 30 days, amounting to 13% of the total decline, occurred during Asian trading hours.<\/p>\n They believe that Korean retail investors have had an impact on Bitcoin\u2019s recent decline, as the majority of BTC\u2019s overall decline has occurred during Asian trading hours. It is also speculated that, as retail investors have left the market, they have been replaced by institutional investors.<\/p>\n