Binance CEO CZ: ‘Bitcoin Has Been Really Stable’

Cointelegraph

Published Jul 20, 2020 04:34AM ET

Updated Jul 20, 2020 06:20AM ET

Changpeng Zhao, CEO of crypto exchange Binance, isn’t sure what will cause Bitcoin to hit $10,000 again, but has remarked on the token’s recent stability.

In a July 19 interview with Bloomberg Daybreak: Asia, Zhao, also known as CZ, commented on the cryptocurrency’s record low volatility. Bitcoin (BTC) has had very few big moves for weeks, with the token remaining between $9,000 and $9,500. BTC is priced at $9,175 at press time.

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