We often heard about market manipulation in crypto market. It can be true for small cap, or coin that issue by exchange or for the token where most of that token hold by team. But we also heard it about Bitcoin and etherum, when price fluctuate in large scale. I don't understand how these large cap coin can be manipulate, when these coin are well distributed and decentralized?
Manipulation of the market is a word that every crypto enthusiast is familiar with and everyone in the crypto space have heard about. Truth be said, manipulation do occur in the market and we have seen the effect it has on the market several times. The manipulation happens more often with low cap tokens and the large ones like bitcoin and ethereum are mostly affected by news which many will also view as manipulating the market. The bitcoin market cap is so big that it can be manipulated by a single entity just like we see in other low cap coins. Asides news, I haven’t seen something that big that will have effect on the bitcoin market on a less broader scale.