Yes, right, maybe this is the reason why many parties refuse crypto. It would be dangerous for a country if the country makes crypto as a currency, if crypto is very easy to manipulate, then a country that embraces crypto will be easily controlled by the evil mafia mafia.
all cyrpto are really done by the manipulators especially the whale investors are doing it most of the time. Then, the common or ordinary traders have nothing to do with it, where most of them are getting panic when the market is declining, like what is happening now.