Bitcoin Price ‘Overshooting on the Lower Side Now,’ Says Binance CEO22.8

Changepeng Zhao, CEO of one of the world’s largest cryptocurrency exchanges, Binance, says the current state of the market is overshot. He also noted that Bitcoin’s all-time high price in late 2017 was also a stretch.

Speaking at the Binance Blockchain Week in Singapore, the CEO of cryptocurrency exchange Binance, Changpeng ‘CZ’ Zhao, said that the prices of cryptocurrencies toward the end of 2017 were overshot.

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