Aaron Arnold of Altcoin Daily claims Wall Street institutions may be suppressing Bitcoin prices for strategic accumulation.
He cited the U.S. government’s preparation to establish a Bitcoin reserve.
Arnold predicted this might be the last chance to buy Bitcoin under $100,000.
Wall Street faces allegations of deliberately manipulating Bitcoin prices to accumulate the asset at lower rates, according to Aaron Arnold, host of the popular crypto YouTube channel Altcoin Daily.
BlackRock and Bitcoin Price Manipulation Allegations
In a recent video, Arnold highlighted claims that major financial institutions, including BlackRock, are coordinating efforts to suppress Bitcoin’s value. These alleged tactics involve market manipulation and media-driven narratives designed to influence public sentiment.
The report points to BlackRock’s Bitcoin ETF experiencing significant outflows totaling $330 million, a situation widely covered in the media. According to Arnold, this could be part of a deliberate strategy by major financial players, such as Larry Fink, to suppress Bitcoin’s price.
Adding to the skepticism, he cited Jim Cramer’s concerns about Bitcoin, predi…
The post Wall Street’s Bitcoin Price Manipulation Claims: What You Need to Know appeared first on Coin Edition.
