Prominent Bitcoin Naysayer Refutes China Being Behind Recent BTC Rally

Peter Schiff has refuted the notion that the Chinese government endorsement of blockchain is behind Bitcoin’s recent price rally. The price of the leading digital asset surged on Friday to a high above $10,000 on some exchanges before returning to around $9,400 at the time of writing.
Schiff instead claims that so-called whales (large holders of the digital asset) are manipulating the market to make it more favourable for them to sell their own Bitcoin to new investors.
Schiff: Market Mani