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CryptoGlobe
2019-01-07 13:00:00

Binance CEO: 'Finally' Bitcoin (BTC) 'Volatility is Head in the Right Direction'

Changpeng Zhao (“CZ”), the CEO at Binance, the world’s largest cryptoasset exchange in terms of daily trading volume, recently noted via Twitter that “volatility” in the digital currency market is “finally” headed “in the right direction.”Zhao’s comments came in response to the bitcoin (BTC) price surging about 5% ($300) to over the $4,000 mark in the past 24 hours according to CryptoCompare data. In addition to a significant increase in the bitcoin price, other major digital currencies were in the green as well.