This kind of intervention is usual for fiat government.
Unfortunately crypto markt seems developing himself into Bubble BIG BUBBLE that will blast evaporating billions of dollars.
This is too risky and I am going to quit all Crypto even taking into account possible lose.
Note
Seems the last 100 million tether just arrived at Bitfinex account at 10:00 UTC 21 January and see it the price jupedfrom 11600 to 12200, it costed 30 million.
The rest 60 million is still on way and most possibly will be pumped in if price will fall below 11 000 or they will HODL for the worst case - price below 10 000.
I think this time they will lose
Note
Sell OFF utill March when G20 will be in Argentina and the plans of regulation of crypto would be presented
We will hear something how the regulation would be during 23-26 January in World economic forum in Davos.
Till that there will be only sales as of nobody expects that goverments would give up their crypto called fiat and start supporting cryptos
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