The Undercurrent Over the Counter: What Covertly Drives Bitcoin Markets

[kreslik.news]

The factors swaying the price of Bitcoin are something of a mystery. While analysts can point the finger at hacks, regulations, and new technologies, there are a host of unknowns.

One of the biggest and most forgotten-about influences on the price of Bitcoin is said to be the influence of over-the-counter (OTC) trading. OTC trading is cryptocurrency trading that’s done off of an exchange, either peer-to-peer or through a broker.

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How influential is OTC trading?

Because OTC trading is done off of cryptocurrency exchanges, it is therefore often left out of the conversation when ... (read more)