This is just the beginning, and I wouldn’t call it market manipulation. It’s more likely that smaller investors are just riding the hype.
Maybe market manipulation was not the most accurate term but "traders riding hype" based on an arbitrary news seems like a market manipulation to me. Lets not forget that absolutely nothing has changed about Bitcoin or the US policies toward it. Nothing would change for at least 6 months, if they change at all!
A 5% increase might seem small, but with big capital, that’s already a solid return, way better than what banks give on deposits.
5% is small for bitcoin that has 30% rises and falls.
Trump even shared his Bitcoin plans, saying he’d make it part of the national reserve. If that’s being realized, it would legitimize Bitcoin even more, especially since the U.S. has a huge influence globally.
If it does that only, it would be fine. But it may be more than that, and we may see more market manipulation at government level. As in pump and dumping the entire crypto market to earn billions to cover budget deficit...
That would be a terrible thing for the entire market.
So, here’s how I see it: right now, these are just plans, but we’re betting on the future, hoping these plans turn into reality. If they do, it’ll drive Bitcoin’s price up, boosting its value and overall acceptance. It’s all about steady improvements that’ll lead to an even stronger Bitcoin.
That's true. We are mostly speculating here...