Will BitFinex $1 Billion Trigger a Bitcoin (BTC) Sell-Off?

Bitcoin (BTC) prices firm, add 9.5 percent in the last week
Despite fraud accusations, BitFinex will crowd-fund to raise $1 billionBitFinex, sources have it, will proceed with their IEO and the aim is to raise $1 billion in USDT. While it is pleasing for investors, the exchange is reserving $600 million for whales. Even so, its success would mean pressure on Bitcoin (BTC) which is up 9.5 percent in the last week.
Bitcoin Price Analysis
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Bitcoin (BTC) price performance is impressive.