ব্যঙ্গাত্মক বর্ণনা এবং ফরেক্সের প্রবেশদ্বার বিন্যাস
Wall Street sharks accused of Bitcoin manipulation
Wall Street market makers are often accused of fiddling market quotes of various assets. No wonder, such claims now target Bitcoin!
According to Aaron Arnold, the host of the popular YouTube crypto channel Altcoin Daily, large market players use these tactics to amass assets at lower prices.
Arnold affirms that major financial institutions, including BlackRock, are coordinating efforts to push down Bitcoin’s price. Such strategies involve market manipulation and media statements designed to influence public opinion.
Recently, BlackRock's Bitcoin ETF reported a significant capital outflow of $330 million. Arnold believes this event "may be part of a planned action by major financial players, like Larry Fink, aimed at dragging down Bitcoin’s price." He also recalled comments from TV host Jim Cramer, who admitted to deliberately influencing markets with his Bitcoin commentary.
Despite concerns over manipulation, the Altcoin Daily host highlighted the optimistic sentiment surrounding the flagship cryptocurrency. Arnold also noted BlackRock's positive impact on Bitcoin, as the company is a strong supporter of the leading cryptocurrency and actively promotes it. In 2025, this asset management giant plans to allocate 2% of its portfolio to Bitcoin through its ETF. According to Arnold, even a minor portfolio adjustment by such a large institution could reshape the cryptocurrency market landscape.
Arnold suggests that Wall Street’s efforts to create tension around Bitcoin may facilitate the accumulation of coins at lower prices. He believes that retail investors now have one of their last opportunities to buy Bitcoin below $100,000
© InstaFintech Group
