I'm not sure, but in such a market condition, who else does agree that the government used a hidden identity and joined the crypto market to accumulate a large number of bitcoins, then sold it to affect its price? Or can the gov hires a couple well known personality to rule the every day news and kill it slowly?
Do not see only conspiracy theory in everything...For sure the crypto market is highly manipulated but I very much doubt that it is being influenced by the governments in this way. More likely it's just crypto whales who try to dump the price to buy at the very bottom and then pump back to the moon))