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Who really controls Bitcoin’s price in 2025? Whales, devs or governments, explained

June 2, 2025 by DIGIT
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Who really controls Bitcoin’s price in 2025? Whales, devs or governments, explained

Bitcoin may be decentralized, but its price isn’t immune to the influence of whales, protocol upgrades, ETF approvals and global regulations.

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Bitget Partners With Kronos Research to Deliver Institutional-Grade Liquidity and Trading Efficiency
Centralized infrastructure requires DePIN adoption


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  • bitcoinBitcoin(BTC)$90,890.00-2.31%
  • ethereumEthereum(ETH)$3,123.42-2.86%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.09-2.82%
  • binancecoinBNB(BNB)$892.25-2.15%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$135.81-5.29%
  • tronTRON(TRX)$0.2865341.39%
  • staked-etherLido Staked Ether(STETH)$3,131.41-2.21%
  • dogecoinDogecoin(DOGE)$0.143286-4.45%
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  • bitcoinBitcoin(BTC)$90,890.00-2.31%
  • ethereumEthereum(ETH)$3,123.42-2.86%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.09-2.82%
  • binancecoinBNB(BNB)$892.25-2.15%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$135.81-5.29%
  • tronTRON(TRX)$0.2865341.39%
  • staked-etherLido Staked Ether(STETH)$3,131.41-2.21%
  • dogecoinDogecoin(DOGE)$0.143286-4.45%