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Binance’s CZ Says Crypto Price Fluctuations Normal as Industry Is Still Growing

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Changpeng Zhao, the CEO of the popular crypto exchange Binance, has said it might take Bitcoin some months to a couple of years to get back to the all-time-highs previously reached by the coin. ChangPeng told Guardian ePaper, a UK-based news outlet, that he believes if investors in 2018 were told that Bitcoin would be $20k in 2022, they would have been very happy. However, he admitted that the current $20k price of Bitcoin is low considering its previous highs.
CZ said, “I think given this price drop from the all-time high of 68k to 20k …
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Binance’s CZ Says Crypto Price Fluctuations Normal as Industry Is Still Growing

Binance’s CZ Says Crypto Price Fluctuations Normal

Changpeng Zhao, the CEO of the popular crypto exchange Binance, has said it might take Bitcoin some months to a couple of years to get back to the all-time-highs previously reached by the coin. ChangPeng told Guardian ePaper, a UK-based news outlet, that he believes if investors in 2018 were told that Bitcoin would be $20k in 2022, they would have been very happy. However, he admitted that the current $20k price of Bitcoin is low considering its previous highs.

CZ said, “I think given this price drop from the all-time high of 68k to 20k …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.


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