There often is a run on the exchanges, with people desperately trying to withdraw cash or cryptos before the exchange collapses. Often that's what pushes the pr

There often is a run on the exchanges, with people desperately trying to withdraw cash or cryptos before the exchange collapses. Often that's what pushes the price to the very top. On one or two exchanges there is a liquidity crisis, so people will bid up Bitcoin because that can be the fastest way to get money off the exchange.