Changpeng Zhao, CEO of Binance, addresses concerns about Bitcoin's future price, reassuring the digital currency community that Bitcoin will not die.
Changpeng Zhao, also known as CZ, the former CEO and founder of the Binance exchange, reassured the digital currency community regarding concerns about the future price of Bitcoin. He stated that the 8% price drop of Bitcoin from Tuesday will not be the end of this digital currency. CZ emphasized that as long as Bitcoin continues to trade below the $90,000 price level, there is no need to panic. He tweeted, ‘No need to panic, Bitcoin will not die.’ He also revealed that he has not sold any of his digital assets during the current market downturn or previous declines.
