Can Binance Save Crypto? The CEO Is Thinking About It
— Value, Ceo, Number, Save, Antiinflationary, Markets, Crypto, Right, Market, Bitcoin, Binance, Thinking, Stock, Price — 1 min read
Changpeng “CZ” Zhao: Bitcoin price fluctuates due to market psychology, but fundamentals have not changed. Zhao: The number of use cases and the number of people using it, the utility value of it, is increasing. But the markets are volatile, and the price of crypto is falling in concert with the stock market, and that wasn’t supposed to happen right? Zhao: It doesn't change the fact that bitcoin is still anti-inflationary. There’s no inflation in bitcoin—but the price can still drop. As for myself, I do believe the value of. crypto is increasing, but the markets will be volatile, he says. The value is the middle point between those two swings. Source