Bitcoin’s price decline reveals a split in trading, with US sessions causing sell-offs while Asian markets buy the dip. Speculation suggests the US government may target MicroStrategy and Coinbase amid Bitcoin’s drop. Rumors claim officials orchestrated the crash to benefit MicroStrategy. However, no official confirmation exists. Factors affecting volatility include MSCI’s index exclusion proposal and shifting Fed rate cut outlooks. MicroStrategy faces challenges unrelated to conspiracy theories. Social media-driven narratives can impact sentiment during high-volatility periods. Speculation persists on government accumulation plans, despite lack of evidence.

Read more at Yahoo Finance: Did the US Really “Manufacture” the Bitcoin Crash? What to Know About the MSTR Buyout Rumor