In the cryptocurrency market, it is common to observe that drops in the price of Bitcoin (BTC) influence other assets. However, in many cases, this correlation goes beyond what is expected, raising suspicions of manipulation. The forced drop of a currency with high trading volume, even in a scenario of strong movement and interest, may indicate practices orchestrated by malicious mentors or large investors ("whales").
These figures may use the devaluation of Bitcoin as an alibi to justify manipulative actions, such as mass sell-offs aimed at creating panic among small investors. Although the high volume of the currency suggests a solid foundation, these mentors manage to divert the liquidity of the asset, draining resources from smaller investors to their own strategies. They take advantage of the artificial drop they induce, acquiring the currency at reduced values and profiting when the market recovers.
This behavior not only directly harms small investors, but also undermines overall confidence in the cryptocurrency market, creating an environment marked by inequalities and insecurity. For the sector to achieve true maturity, it is essential to combat these manipulative practices through greater transparency, appropriate regulation, and financial education. Evaluating assets based on their merits and fundamentals, rather than relying exclusively on correlation with BTC, would be an important step toward consolidating a more independent and trustworthy market.
