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The move was a surprise to investors, who was actually expecting a taper down to between $65 billion and $75 billion per month based on comments created by Federal Reserve Chairman Ben Bernanke in June.

JK: I am think individuals are hedging against the euro with Bitcoin. The crisis brought a a lot more attention and exposure to Bitcoin. People found out about Bitcoin because of your euro crisis, but nobody is flooded by people from Cyprus trying to buy bitcoins, therefore it’s not an instantaneous correlation.

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