Hi all I’m looking for some points of view on this. Everything Crypto was motoring along well, huge ETF and retail inflows and then the drop as attached. My problem with this is it’s not unique or specific to BTC it’s the same drop on ETH, SOL, LINK, TAO, HYPE you name it you can pick it and see exactly the same drop, exactly the same amount at exactly the same time. For this to not be market manipulation there would have to be an institution that holds a massive amount of every crypto and it would have to sell all of it at exactly the same time to have this level of effect.

So am I right on this? Do people agree or not? Am I just being paranoid? What do the market makers get out of this? Is it on instruction from government or gentlemen’s agreement with the Financial institutions to enable them to buy crypto up cheap in-light of the squabble over legislation, because it seems this slump only happened post all of that? Looking for opinions views and analysis (if anyone’s done some) please

submitted by /u/Lurkinglurch80 [link] [comments]

r/CryptoCurrencyRead More

You might also be interested in reading Australia’s Digital Asset License Deadline Nears with 10% Turnover Penalty Looming.