**Crypto Market News - December 13: Why Is Crypto Down as US Market Opens?**
Crypto prices took a sudden dive just as the US market opened, with Bitcoin dropping $2,000 in 35 minutes, wiping out nearly $40 billion in market cap. This move triggered $132 million in liquidations. As stocks remain stable, some are questioning whether crypto is being manipulated.
The drop coincides with shifts in global macro expectations and rising concerns over Japan’s upcoming interest rate hike, which many believe is spooking markets. Despite positive signs in commodities and equities, crypto failed to follow suit, fueling speculation of manipulation.
While traditional markets have benefited from cooling inflation and the promise of liquidity injections, crypto hasn’t reacted similarly. With no clear catalyst, many see this as emotional market behavior rather than news-driven, suggesting a disconnect between crypto and broader market trends.
The ongoing volatility and accusations of manipulation highlight the importance of discipline. As crypto remains unpredictable, endurance may be the key to the next breakout, even as short-term price action leaves many questioning the market’s moves.
