Binance CEO Changpeng Zhao Says Bitcoin, Ethereum and Rest of Crypto Should Decouple From Stocks – Here’s Why

Binance CEO Changpeng Zhao Says Bitcoin, Ethereum and Rest of Crypto Should Decouple From Stocks – Here’s Why


Binance CEO Changpeng Zhao says that the limited supply of cryptocurrencies, particularly large-cap assets like Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) could soon break from their correlation with the stock market.

In a new interview on CNBC, Zhao says that unlike fiat, the amount of digital assets that can go into circulation is limited.

“I think like we’re one year in from the previous all-time high. The inflation, the interest rate, the adjustments, etc., those all affect the markets, but those are short-term.

I think longer-term, given how much money was printed over COVID the last couple years, and the amount of quantitative easing that was done, inflation would definitely kick in just by simple logic.

Cryptocurrencies, the big ones – Bitcoin, BNB

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