I think that every market is manipulated in one way or another. Regarding the crypto market, BTC is decentralized, characterized by free market and it is not like gold that has physical borders to traverse. So, the crypto market is exposed to everything and everyone: 1. the media manipulates ordinary people to think crypto is used only for illegal things. Or to scare investors o sell. 2. Whales manipulate the market, too. 3. Look also at the cult of Musk I mentioned in our previous discussion related to Elon Musk. People are easy to influence, and “musk lovers” are legitimately investing in DOGE only because of his tweets.
1 Like