Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
The cryptocurrency is a decentralized meaning there are many people who are controlling the market or manipulating it because of the decentralized many people can control the market not just only a single person but many persons, maybe the investors, miners, and the bounties.
Bitcoin is an independent currency which has its own value and own importance for all investors, anyone can invest into it as there is no restriction, right now we are being good for it because we are invest and because of us market is getting high values so the same way many other people can reduce the value for selling on panic, so the all thing is that bitcoin is in hands of investors, if they will invest price of market will remain high but if they will sell price will get down.