As a free market it’s not dominated by anyone. It’s run by people. People do market transaction and this is how it rise and down.

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From last year I’m monitoring the scenarios of crypto. Price are decreasing and that is why sometimes it’s also come in my mind who’s are actually running this market?
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I think nobody controls the market overall. Everyone has a little influence on price and together all of the people and investors are responsible for the up and down of the market.

In some ways, I can say that, the whole crypto market is controlled by the people who believes the crypto currency. Just because of there is not owner or any central bank to control the market, it is more likely to say this.

New to the forums ,thanks for having me .I have only been in the crypto space for a yearish and cant stop reading about it really,I find it fascinating.

My reply is more of a questions or questions . If Bitcoin controls the alt market or a majority of the alt market aka if BTC is up usually the alts are green if down the alts are red ,then I guess Bitcoin would control the market right ?

Since Bitcoin has been in futures I believe its been manipulated as we have non organic pumps (very little volume) but the traders are also shorting it .I find this to be extremely frustrating because knowing this tells me Bitcoin may never get to where it was end of last year even though it easily should.this is also absoloutley killing the alt coin market .

There are so many crypto currencies are available in market like Bitcoin,Litecoin,Ripple,Ethereum,Bitcoin cash and EOS.They all makes the market which are controlled by the users day by day.

Bitcoin market is an interactive and decentralized market.people who have big share on market like big investors and can raise up or down the price actaully has the control over the market as the prices depend on their transactions.

Personally I dont think that anyone specifically control the bitcoin market. I beleive that it simply follows the supply and demand rule. There maybe some other entities as well but they dont effect much.

it’s a simple economic term of “supply and demand”. Example of bitcoin can be dragged here. When bitcoin holders tend to sell their coins, the price gets down and vise-versa for buying. Information asymmetric is another reason for price ups and downs.