Bitcoin experienced a significant rally on March 3, 2026, with its price climbing 5.84% during U.S. market hours, rebounding from $62,000 to approximately $70,000. This surge coincided with a sharp 7.96% drop in silver prices, leading to speculation about potential market manipulation by Jane Street, a major quantitative trading firm. The timing of these movements has fueled theories that Jane Street may have shifted its focus from Bitcoin to silver, as the firm recently became the largest holder of the SLV silver ETF. The "10 a.m. dump theory" suggests that Jane Street's trading activities, particularly around 10 a.m. Eastern Time, have been suppressing Bitcoin rallies. However, analysts like Alex Krüger argue that Bitcoin's cumulative 0.9% gain during this time frame since January 2026 contradicts the theory. Additionally, a recent lawsuit against Jane Street by Terraform Labs' bankruptcy administrator, alleging insider trading, has added to the scrutiny. Despite the speculation, there is no confirmed evidence linking Jane Street's actions to Bitcoin's price movements, and the market remains influenced by multiple factors.