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Bitcoin falls to $65,000 as experts reject conspiracy claims against Jane Street

From fxstreet.com

Bitcoin (BTC) fell toward $65,000 on Friday as several market experts challenged claims that Jane Street suppressed prices. Bitcoin fell to $65,000 on Friday as renewed FUD (fear, uncertainty and doubt) spread across the market. The latest wave of speculation centers on Jane Street, the high-frequency trading firm accused of suppressing Bitcoin's price through its role as an authorized participant (AP) in spot Bitcoin exchange-traded funds (ETFs). The claims gained traction after a lawsuit linked the firm to the 2022 collapse of Terraform Labs. Viral posts alleged that Jane Street has been conducting systematic ... (full story)

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  • Category: Fundamental Analysis