Everyone wields different powers when it comes to business. Some say that cryptocurrency prices can be manipulated by wealthy individuals. Despite being decentralized, it seems that price movements can be controlled by specific entities.
So, in your opinion, can everything related to money in this world be manipulated? For instance, do you believe that the value of the USD or the largest stock market in the US can be manipulated by a few individuals?
What kind of people are capable of market manipulation?
To the best of my understanding, market manipulation can take place in a wide range of markets, from commodity, Forex to cryptocurrencies. It is not limited to any country or market type. However, the impact of market manipulation can vary widely depending on the specific context and regulatory environment in a particular location. It is generally perceived that individuals or entities with substantial financial resources, can leverage their financial clout to manipulate prices in their favor.