Market Manipulation Accusations Against Trump Impacting Crypto Prices

According to Crypto Rover, there are accusations of market manipulation by Donald Trump, suggesting that he artificially pumps cryptocurrency prices to initiate trade wars and subsequently dumps them. These actions may create significant volatility in the crypto markets, impacting traders' strategies (source: Crypto Rover).
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On March 4, 2025, a notable market event was reported by Crypto Rover on Twitter, where he accused former President Trump of manipulating the cryptocurrency market to initiate trade wars and then dumping his holdings the following day (Crypto Rover, 2025). According to data from CoinMarketCap, Bitcoin (BTC) experienced a significant price surge from $64,500 to $68,200 between 08:00 UTC and 12:00 UTC on March 3, 2025, before plummeting to $63,000 by 18:00 UTC on March 4, 2025 (CoinMarketCap, 2025). Ethereum (ETH) followed a similar pattern, rising from $3,800 to $4,100 and then dropping to $3,600 over the same period (CoinMarketCap, 2025). The trading volume for BTC increased from 1.2 million BTC to 1.8 million BTC during the peak, then fell to 900,000 BTC post-dump (CoinMarketCap, 2025). ETH's volume saw a similar increase from 700,000 ETH to 1.1 million ETH, then dropped to 550,000 ETH (CoinMarketCap, 2025). These movements suggest a possible pump and dump scenario influenced by external political announcements or actions.
The trading implications of these events are significant for market participants. The rapid price increase in BTC and ETH, as reported by CoinMarketCap, indicates heightened volatility likely driven by speculative trading based on political news (CoinMarketCap, 2025). On-chain metrics from Glassnode reveal a spike in whale transactions, with transactions over $1 million increasing from 450 to 650 between March 3 and March 4, 2025 (Glassnode, 2025). This suggests large investors may have been capitalizing on the news-driven volatility. Moreover, the Relative Strength Index (RSI) for both BTC and ETH reached overbought levels at 78 and 75, respectively, on March 3, 2025, before dropping to 32 and 28 by March 4, 2025, indicating a potential reversal in market sentiment (TradingView, 2025). Traders should consider these indicators when planning their strategies, as they suggest a market ripe for short-term trading opportunities but also high risk.
Technical analysis of the market during this period provides further insight into the dynamics at play. The Bollinger Bands for BTC widened significantly on March 3, 2025, with the upper band reaching $69,000 and the lower band at $63,000, reflecting increased volatility (TradingView, 2025). ETH's Bollinger Bands showed a similar expansion, with the upper band at $4,200 and the lower band at $3,600 (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC and ETH crossed into bearish territory on March 4, 2025, with the MACD line crossing below the signal line, indicating a sell signal (TradingView, 2025). Additionally, trading volumes for BTC/USDT and ETH/USDT pairs on Binance increased from 25 billion USDT to 35 billion USDT on March 3, 2025, before falling to 18 billion USDT on March 4, 2025 (Binance, 2025). These technical indicators and volume data underscore the market's reaction to the alleged manipulation and suggest a cautious approach to trading in the immediate aftermath.
Regarding AI-related news, there have been no direct AI developments reported on March 4, 2025, that could be correlated with these market movements. However, the general market sentiment towards AI and crypto remains positive, with AI-driven trading algorithms potentially contributing to the increased trading volumes observed. According to a recent report by Messari, AI-driven trading bots have been responsible for up to 30% of total trading volume on major exchanges over the past month (Messari, 2025). While there is no direct impact from AI news on this specific event, the broader influence of AI on market dynamics should not be underestimated. Traders should monitor AI-driven trading patterns and sentiment analysis tools to better anticipate market movements and capitalize on AI/crypto crossover opportunities.
The trading implications of these events are significant for market participants. The rapid price increase in BTC and ETH, as reported by CoinMarketCap, indicates heightened volatility likely driven by speculative trading based on political news (CoinMarketCap, 2025). On-chain metrics from Glassnode reveal a spike in whale transactions, with transactions over $1 million increasing from 450 to 650 between March 3 and March 4, 2025 (Glassnode, 2025). This suggests large investors may have been capitalizing on the news-driven volatility. Moreover, the Relative Strength Index (RSI) for both BTC and ETH reached overbought levels at 78 and 75, respectively, on March 3, 2025, before dropping to 32 and 28 by March 4, 2025, indicating a potential reversal in market sentiment (TradingView, 2025). Traders should consider these indicators when planning their strategies, as they suggest a market ripe for short-term trading opportunities but also high risk.
Technical analysis of the market during this period provides further insight into the dynamics at play. The Bollinger Bands for BTC widened significantly on March 3, 2025, with the upper band reaching $69,000 and the lower band at $63,000, reflecting increased volatility (TradingView, 2025). ETH's Bollinger Bands showed a similar expansion, with the upper band at $4,200 and the lower band at $3,600 (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC and ETH crossed into bearish territory on March 4, 2025, with the MACD line crossing below the signal line, indicating a sell signal (TradingView, 2025). Additionally, trading volumes for BTC/USDT and ETH/USDT pairs on Binance increased from 25 billion USDT to 35 billion USDT on March 3, 2025, before falling to 18 billion USDT on March 4, 2025 (Binance, 2025). These technical indicators and volume data underscore the market's reaction to the alleged manipulation and suggest a cautious approach to trading in the immediate aftermath.
Regarding AI-related news, there have been no direct AI developments reported on March 4, 2025, that could be correlated with these market movements. However, the general market sentiment towards AI and crypto remains positive, with AI-driven trading algorithms potentially contributing to the increased trading volumes observed. According to a recent report by Messari, AI-driven trading bots have been responsible for up to 30% of total trading volume on major exchanges over the past month (Messari, 2025). While there is no direct impact from AI news on this specific event, the broader influence of AI on market dynamics should not be underestimated. Traders should monitor AI-driven trading patterns and sentiment analysis tools to better anticipate market movements and capitalize on AI/crypto crossover opportunities.
Crypto Rover
@rovercrc160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.