
Market Downturn Sparks Caution from Crypto Leader
Binance founder Changpeng Zhao (CZ) issued a timely warning to cryptocurrency investors on Friday, advising against making impulsive decisions during market volatility.
"Things to avoid in crypto. Selling the dip," CZ emphasized in his statement.
Broader Market Slide Creates Unease
His comments came as the crypto market experienced significant declines, with Bitcoin dropping 3.51% to $108,602.11 and Ethereum falling 3.89% to $4,337.92 as of 1:27 am ET.
The market movement signals growing investor unease across cryptocurrency markets, making CZ's advice particularly relevant for traders navigating the current volatility.
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