⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

‘FUD Is Temporary’ Binance CEO Changepeng Zhao Tweets Metrics

Published 2023-01-26, 11:23 a/m
© Reuters.  ‘FUD Is Temporary’ Binance CEO Changepeng Zhao Tweets Metrics

Coin Edition -

  • Changpeng Zhao tweeted about Bitcoin’s performance on Binance in the last three months.
  • Zhao claimed that FUD is temporary but that he couldn’t teach people to ignore it without addressing it.
  • Forbes published an article stating that Binance lost $12 billion in just 60 days.

Leading cryptocurrency exchange Binance’s CEO Changpeng Zhao tweeted a picture of Bitcoin’s last three months’ performance metrics on the platform. The image highlighted that BTC’s price suddenly dropped $15,461 in December of last year with a very strong recovery in January 2023.

The tweet showed that Bitcoin recently experienced a rise in value worth up to $23,821, alongside a 24-hour low worth $22,338, while currently trading at $23,017. Moreover, BTC’s 24-hour volume on Binance stood at 201,027.

Zhao claimed that “FUD is temporary,” to which a SHIB supporter replied that FUD is temporary as long as it is not talked about. The Binance CEO then shared that it is not possible to teach users to ignore FUD without speaking about it.

The post ‘FUD Is Temporary’ Binance CEO Changepeng Zhao Tweets Metrics appeared first on Coin Edition.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.