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Binance’s founder, Changpeng Zhao, has responded to those proclaiming the death of Bitcoin. He took to social media to assert that Bitcoin’s growth is far from over.
On X, Zhao shared a link to a “Bitcoin Obituaries” site, which lists over 380 articles declaring Bitcoin dead. These articles, written over the years, highlight the significant negative sentiment Bitcoin has faced. However, Bitcoin’s growth has cemented its position as the most popular cryptocurrency asset.
“If you believed any of these guys, then… blame yourself.”
— CZ BNB (@cz_binance) November 12, 2024
Bitcoin’s market capitalization has reached new heights, now comparable to that of silver. According to CoinMarketCap data, Bitcoin stands at $89,452, with a trading volume of $135 billion yesterday. This update has attracted both institutional and retail investors.
Despite the recent surge, Changpeng Zhao advises caution. He warns against greed due to the volatile nature of the cryptocurrency market.
Sentiment: Positive
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