Bitcoin (BTC) market prices show signs of manipulation, though relatively small in comparison to general volatility. But the downward price pressures were noted by analysts at Arcane Research, showing a connection between CME closing dates and the behavior of the BTC price.
The connection was revealed just days after the launch of the Bakkt futures exchange coincided with one of the biggest drops for BTC in 2019. With previous warnings that the futures market could affect the spot price, now further evidence has been found.
BTC market prices fall by around 2% on average, on most days that the CME futures are settled, shows