The crypto market, although a free market, is not as chaotic as some might think, as there are a number of key players who control this market and influence its movements:
1️⃣🔸️Central Banks🔸️: Play a pivotal role in shaping the nation's economic landscape, implementing monetary policy, and managing financial stability. Examples include the US Federal Reserve and the European Central Bank.
2️⃣🔸️Institutional Investors🔸️: Entities that pool large amounts of money to invest in various financial instruments, such as mutual funds, hedge funds, and pension funds. Their investment decisions can impact market prices and liquidity.
3️⃣🔸️Commercial Banks🔸️: Financial institutions that provide services such as accepting deposits, offering loans, and facilitating currency exchange. Their activities influence the money supply, interest rates, and currency values.
4️⃣🔸️Individual Traders🔸️: Individual investors who buy and sell securities, currencies, or other financial instruments for their personal accounts. Their activities can contribute to market liquidity and volatility.
5️⃣🔸️Governments and Sovereign Wealth Funds🔸️: Governments participate in financial markets through various channels, including sovereign wealth funds and direct market interventions. Their investment decisions can affect global markets.
6️⃣🔸️Major Platforms🔸️: Such as Binance and Coinbase, which are considered "gateways in and out" of cryptocurrencies, and have a significant impact on market movements through their decisions to list or delist coins.
7️⃣🔸️Large Financial Institutions🔸️: Such as BlackRock, which has entered the crypto market aggressively, changing the market dynamics.
🔚 As there are a number of key players who control this market and influence its movements.