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The CEO Of The Cryptocurrency Company Issues An Important Statement

The CEO Of The Cryptocurrency Company Issues An Important Statement

CEO Brian Armstrong revealed in an open letter Tuesday that the "difficult decision" to lay off about 1,000 employees was made to ensure "we stay healthy during this economic downturn." Armstrong warned of an imminent economic slowdown that could lead to an extension of the latest cryptocurrency bear market, Armstrong wrote: “It appears that we are entering a recession after a 10-year economic boom. .” Although Armstrong said future economic conditions are difficult to predict, the company is planning "for

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Why Is The Price Of BTC So Volatile

Why Is The Price Of BTC So Volatile

Why is the price of BTC so volatile? The uncertainty about the intrinsic value of Bitcoin and the future value of Bitcoin makes it a highly volatile asset. You may also be interested in:  Cryptocurrency Investing Tips Why is the price of BTC so volatile? A decreasing amount of new BTC is generated every day due to the limited amount of Bitcoin. To maintain a constant price, demand must match this rate of inflation. The Bitcoin market is very small compared to other industries,

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