Who controls the market?

[pakcoy]

Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.

[Doovla]

Mostly now goverments of leading countries confront to take over crypto bussiness ,their leadership for having banks is not enough for them. That will be good thing for crypto but now it i case that investors-whales dictate the market.

[zorchy]

Good question. Of course, a large role in this market is played by large players who were whales in the stock market. They manipulate the market and keep the price in short.

[agusiska]

i think the market controlers was the whale, im sure they can easily do some dump and pump scheme on some coin they want.

[Stuart]

The crypto market is controlled by whales and big buyers of crypto currencies, they either buy in large quantity and store for a heigh demand in the market, then dump the coin(s)...

[Crypto Guard]

I think the market is controlled by whales that have large amounts of coins. They deliberately make people here panic and sell their coins at low prices. The goal is that they can take coins at low prices to get high prices.

[HanZo04]

In other words, the market is affected by market supply and demand. So with this, the traders and investors are very influential on the rise and fall of market prices.