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

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

​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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