Bitcoin held steady above $76,000 on Nov. 9, with its price action stuck in a narrow range, a phenomenon some traders are calling “spoof city.” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching a high of $77,270 on Bitstamp before settling lower. Market participants noticed unusual liquidity movements on exchanges, raising concerns about potential market manipulation. Popular trader Skew noted on X, “Spoof city again today,” explaining that large orders appeared to influence prices only to be removed or adjusted, a tactic known as “spoofing.” Spoofing is banned in traditional markets but remains common in crypto. Meanwhile, Material
