Binance CEO Changpeng Zhao Warns Of Very High Crypto Volatility — Here's What To Expect.
27 Oct 2021, 08:00
Binance CEO Changpeng Zhao Warns Of Very High Crypto Volatility — Here’s What To Expect
The Bitcoin market is currently one of the most talked-about markets at present. A lot of recent events have sparked conversations about where the market is headed in the long term. Although presently, the market is performing as analysts predicted it would. Nonetheless, there have been some notable drawbacks that have caused prominent figures in the market to speak up about the impending volatility that could hit the big bull anytime soon.
Speaking to Fox News over the weekend was Mohammed El-Erian, the former chief executive of Pimco who asserted that although the market is commendably stable, it might be short-lived. His reasoning is that the Fed’s have stirred up a liquidity wave that has significantly boosted the price stability, and that in the long term, things are bound to change.