Bitcoin's recent price drop has sparked discussions about its volatility. Richard Teng, the head of Binance, shared his thoughts on this. He believes Bitcoin's price swings are nothing out of the ordinary. In fact, he thinks it's quite similar to what happens in other big markets. Teng pointed out that all sorts of investments go through ups and downs. He mentioned ...
Bitcoin's reputation for wild price swings is far from over. Tom Lee, a well-known figure in the crypto world, recently shared his thoughts on the matter. He believes that even with more investors and new financial products, Bitcoin can still drop by half its value. Lee pointed out that Bitcoin often moves in sync with the stock market, but with bigger ups and downs...
This week, the crypto world experienced a rollercoaster of events. Bitcoin, the leading cryptocurrency, hit an all-time high above $126, 000 before taking a dramatic tumble. The market saw its largest-ever liquidation event, with around $19 billion wiped out in a single day. This was even bigger than the market crash during the FTX collapse in 2022, showing just how ...