Recently, we have seen lots of institutional fund to come in the market. Tesla have invested and possibly soon we will see rich people are using BTC as store of value. As the days go, we see the mcap is increasing. When it will increase more, what do you think, will the price manipulation be decreased? Or even effected? If we look at the Tesla announcement, it didn’t create huge changes. India may have a ban on crypto, that doesn’t effect the market. So, as we see the increase in mcap, will we see power of manipulation is decreasing?
Bitcoin is the best and most expensive cryptocurrency. Bitcoin's popularity and price is increasing day by day, but the number of its users is also increasing day by day. There are many big whales to increase the price of Bitcoin. Those who have held Bitcoin for long term. Tesla company has invested in Bitcoin and as a result Bitcoin price has changed. However, cryptocurrency is highly volatile currency so its price will always be volatile. However, many large companies will hold Bitcoin for a few years and sell it when they get good profits.