The Federal Reserve of San Francisco in its report published on Tuesday argues bitcoin’s price peak and crash coinciding with the introduction of bitcoin futures is no coincidence, and parallels it with the rise and collapse of the home financing market in the 2000s.
Fed report says launch of futures crashed bitcoin price
The Federal Reserve of San Francisco in its report published on Tuesday argues bitcoin’s price peak and crash coinciding with the introduction of bitcoin futures is no coincidence, and parallels it with the rise and collapse of the home financing marke…