> Smaller markets with lower liquidity moves more.
Above a certain level of liquidity the difference is marginal to nonexistent. Bitcoin certainly exceeded that level. This was not a small, illiquid market.
Above a certain level of liquidity the difference is marginal to nonexistent. Bitcoin certainly exceeded that level. This was not a small, illiquid market.
Bitcoin gets a lot of press, but in the grand scheme of things it's still very tiny.