I am a passionate and avid bitcoin supporter, with a genuine interest in understanding the dynamics of the market, the recent surge that propelled Bitcoin prices beyond $44,000 has sparked both excitement and concern.

The conventional explanations centers around factors like the halving and ETF approval. However, I'm questioning whether these are the true drivers behind the price surge.

It is curious at least to see that tether has increase it issuance for tethers by $5 B in the past month and unlike USDC, Tether's backing appears to be reliant on loans secured by cryptocurrencies rather than fiat currency.

We seem to have cleaned pretty much all bad actors and I am concerned if there is indeed market manipulation this can have repercussions for new people coming into bitcoin.