Changpeng Zhao, chief executive of cryptocurrency trading platform Binance, told US broadcaster CNBC that he expects crypto to enter another “bull run” like that which saw the value of the bitcoin peaking at $20,000 in January.
Nearly Every Major Cryptocurrency is Down at Least 90% from its Peak
New York Coin All-Time High $0.00130246
ATH: $1,448.18 ETH
ATH: $360.66 LTC
Cryptocurrency prices are currently very stable, which has led to less trading. Zhao says that as a result, Binance’s trading volume is down by around 90% since the market’s peak at the start of the year. However, he insists the market is still healthier than it was several years ago, and the conditions are right for another upswing.
HODL Everyone! Big things are coming !