It's a very interesting topic to me with lots of people divided on both sides. But did all these exchanges and interest yielding companies cause the huge price spike into the high 60k range or supress it from going higher? They are now all failing and we continue to see the price fall, so my gut feeling is that they played a roll in spiking the price but I honestly have no idea… Celsiuis, 3AC, FTX etc….
What do you all think and does anyone have any solid facts or evidence to support their views?
In my opinion this is one of the most crucial questions right now in regards to bitcoin price discovery.