Bitcoin has been in the news lately, as prices surpass the $ 23,000 mark. Coinbase’s CEO, shares a message today on “crypto market rallies.”
The CEO welcomes the current rally as well as the press agencies. In fact, they cover the surge in Bitcoin prices. He believed that cryptography was a revolutionary innovation. Armstrong encourages clients to understand that investing in crypto was not without risk. He added that crypto could be more volatile than traditional financial instruments. It informs consumers that crypto markets may move much faster than equity markets.
He warns investors, who focus on short-term speculation. It encourages clients to search for resources and even consult financial advisers.
However, when Bitcoin surpassed $ 20,000, several Coinbase customers turned to Twitter. They reported technical issues while using the platform. The Coinbase team is soon releasing an update indicating that they are currently investigating the issue.
Meanwhile, the price of Bitcoin is up 13.4% in the last 24 hours. It was worth $ 23,479.34, with a 24-hour trading volume of $ 56889259,280.
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