Secondly, how much of the surge in the Bitcoin price is due to manipulation and fraud? Fred states that more people want to buy Bitcoin at $28,000 than at $500.

Secondly, how much of the surge in the Bitcoin price is due to manipulation and fraud? Fred states that more people want to buy Bitcoin at $28,000 than at $500. Is that true? Or is it that a handful of market manipulators are printing USD coins and using this fraudulent leverage to boost the value that buyers perceive Bitcoin to have?