5 Bitcoin Correction Facts: Jane Street Conspiracy Theory or Correction Signal?

Jakarta, Pintu News – The price of Bitcoin is back in the spotlight after experiencing significant pressure and dropping to around US$60,000 or around Rp1,008,120,000 (exchange rate 1 USD = Rp16,802). This decline has sparked speculation in the crypto market, including the emergence of theories linking price movements to the activities of large institutions. For those of you who invest in cryptocurrencies, understanding the context behind this volatility is important so that you don’t get caught up in sentiment alone.

1. Bitcoin (BTC) drops to Rp1.01 billion, what’s the reason?

Bitcoin (BTC) was trading at around US$60,000 or equivalent to Rp1.01 billion after experiencing selling pressure in recent days. This correction comes after a long period of rallying, so some analysts see the decline as a natural consolidation phase. In the volatile crypto market, moves of 10-20% are not uncommon.

Besides technical factors, global macroeconomic sentiment also affects cryptocurrency prices. Interest rate uncertainty and global stock market movements often have an impact on risky assets like Bitcoin (BTC). That being said, price corrections don’t always reflect changes in long-term fundamentals.

Also Read: 5 Easy Steps to Buy Gold at a Gold Boutique, a Safe Investment Other than Crypto!

2. Jane Street Conspiracy Theory Emerges

Amidst the price drop, a theory has emerged that attributes Bitcoin’s (BTC) correction to the activities of large trading firms like Jane Street. This speculation is growing on social media and in the crypto community, which suspects a certain strategy from institutional players. However, there is no concrete evidence to support these claims.

This kind of narrative often emerges when markets experience sharp volatility. In the open and global cryptocurrency ecosystem, rumors can spread quickly and influence sentiment. As an investor, you need to distinguish between verified data and speculative opinions.

3. Impact to Altcoins like Ethereum (ETH) and Ripple (XRP)

Bitcoin’s (BTC) decline usually has a direct impact on altcoins, including Ethereum and Ripple . When BTC corrects, some investors tend to reduce exposure to higher-risk crypto assets. This triggers a chain selling pressure in the overall cryptocurrency market.

However, not all altcoins move identically to Bitcoin (BTC). Network utility, ecosystem development, and institutional adoption factor into the price of each asset. Therefore, fundamental analysis remains relevant in making investment decisions.

4. 20% Correction: Danger Alarm or Historical Pattern?

In its historical cycle, Bitcoin (BTC) has often experienced corrections of 20% or more before resuming its uptrend. This pattern was seen in several previous bull market phases, where volatility was part of the market dynamics. Long-term investors usually see corrections as part of the cycle, not the end of the trend.

However, each cycle has different characteristics. Global liquidity conditions, regulations, and institutional participation are much more complex today than they were a few years ago. Therefore, a risk management approach remains key for those active in the crypto market.

5. Investor Strategies for Dealing with Crypto Volatility

In the face of cryptocurrency volatility, it’s important to have a clear investment plan. Portfolio diversification and risk limits can help minimize the impact of price fluctuations. Avoiding impulsive decisions based on rumors is also a wise move.

Additionally, monitoring on-chain data and institutional reports can provide a more objective perspective. The crypto market moves fast, but data-driven decisions tend to be more rational than following knee-jerk sentiment. With the right understanding, you can navigate volatility without getting caught up in speculation.

Also Read: 5 Good News on Ethereum (ETH) Legal Status, Now Officially a Digital Commodity Not a Security!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash beforeinvesting. All activities of buying and selling Bitcoin (BTC) and other crypto asset investments are the responsibility of the reader.

Reference

• Leo Schwartz/Fortune. Bitcoin slump sparks Jane Street conspiracy theory. Accessed March 1, 2026.