Summary
- Changpeng Zhao, co-founder of Binance, once again highlighted the volatility of the virtual asset market.
- Zhao noted that "volatility can be bad or good," and this statement came in relation to the recent situation where Bitcoin surpassed $120,000.
- It is interpreted as a comment suggesting that strong volatility may come back to the market.
Changpeng Zhao, co-founder of Binance, has once again emphasized the volatility of the virtual asset (cryptocurrency) market.
On the 18th, Zhao, through X (formerly Twitter), stated, "Virtual assets are highly volatile," while referencing his previous post from January, saying, "Volatility can be bad or good."
This remark is interpreted as implying that, as Bitcoin surpasses $120,000, strong volatility could return to the market.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
