CandleFocus Bitcoin Bounces Back, But Ex-Binance Boss Warns About FOMO
2025-01-15
Author: Content Editor
After a significant sell-off, the price of Bitcoin has bounced back from its low point to $97,000. Many alternative cryptocurrencies have also seen double-digit percentage gains in the last two days. This has sparked fear of missing out (FOMO) among crypto market participants. Changpeng Zhao, former CEO of Binance, addressed this FOMO, urging people to control it responsibly. He emphasized the importance of finding a balance between greed and fear and adopting risk management during bull markets.
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