What impact do 'whales' have on the Bitcoin market?
Bitcoin Steadies After Biggest Slump Since March's Meltdown
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Business, Social Studies
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University
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Hard
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The video discusses recent trends in the cryptocurrency market, highlighting a 14% jump and comparing it to the 2017 bubble. It emphasizes the increased institutional interest in crypto, which differentiates the current market from 2017. The video also explores the influence of Bitcoin 'whales' who control a significant portion of the market, affecting prices due to the market's relative immaturity and illiquidity.
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In what ways is Bitcoin still considered an immature market?
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