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?
I think the second option working right now for certain countries, maybe they are not intrested at cryptocurrencies and trying to lowball them with buying huge amount of tokens and then sell them, any scenario possible in my opinion depending on goverment, maybe some of them trying to buy and sell tokens which are created at their country to make the price lower and create smaller interest to the token, making the risk of getting illegal transactions at country impossible