Market makers and dealers have increased influence on the prices of bitcoin and ether, given their current trading ranges. Both cryptocurrencies are trading at levels where market makers may add to market volatility. Market makers, responsible for providing liquidity to the market, can significantly impact prices by buying and selling large volumes of assets.
Source
"Market Makers' Influence on Crypto Volatility" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
The trading ranges of bitcoin and ether create an environment where market makers can exert their influence more easily. Market makers may exploit price discrepancies to maximize their profits, which can amplify price volatility.
BTC · 7D · $63,899−15.3%