Expert explains: cryptocurrency market drop is not a conspiracy
A cryptocurrency expert stated that the recent market decline is not linked to any conspiracy or complex schemes. According to him, investors simply started closing long positions and selling assets for various reasons, including profit-taking after the previous cycle and shifting money toward artificial intelligence projects.
At the beginning of the downturn, major exchanges and quantum trading firms such as Binance, Wintermute, and Jane Street were blamed. However, the Chief Investment Officer of Bitwise emphasizes that the current fluctuations are not the result of complicated plots but rather the market entering a bottoming phase following the main wave of sell-offs.
This explanation offers hope that the worst volatility is over and that the market may soon begin recovering or stabilizing at a new level.
