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The crypto world is excited by the increase in the price of Bitcoin

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How far are those days when the price of Bitcoin increased or fell several thousand dollars in just a few hours. And it is that, for those who have just entered the market, the sudden movements of the cryptocurrency may seem like a memory of the past. After it has been stagnant for more than a month around $ 9,000. This is why Changpeng Zhao laughs at the Tweet of the day on how the crypto world is excited by a small increase in the price of Bitcoin.

The emotion of the crypto world for Bitcoin

It has been a very calm week in the crypto world, maybe too much. Well, after the third Halving in the Bitcoin Blockchain, the price of the cryptocurrency has left behind its usual volatility. To enter a side market around $ 9,000 per BTC, which has led some to speak of a maturity in the virtual currency market.

And it is that, at the end of the day, the stability in the price of Bitcoin is something desirable within the crypto market. Since, to be recognized as a legitimate currency worldwide, and adopted by the majority of the population, BTC needs to leave volatility behind.

However, this is an event that is expected to happen much later and at a much higher price than Bitcoin. While right now, most of the bets in the crypto world were placed on a new big bullish rally. Which explains the excitement after the small increase of 200 dollars in the price of the currency experienced today.

A small increase in the price of Bitcoin excites the crypto world. Source: Coindesk
A small increase in the price of Bitcoin excites the crypto world. Source: CoinDesk

I’ve never seen such excitement over such a small #BTC move in the old days… ”

Thus, with this message via Twitter, Changpeng Zhao mocked the excitement raised in the crypto world by a small increase in the price of Bitcoin. Making a nod to the volatility that the cryptocurrency had us accustomed to, and which is expected to return at any time.





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