Binance CEO Says Business as Usual Despite Some Withdrawals

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Bitcoin (BTC) price could drop another 50%, according to this investment titan

December 14, 2022 5:35 AM EST

While cryptocurrency investors continue to focus on the worlds largest exchange Binance and reported higher-than-usual outflows, one global investment giant believes the crypto winter has all but ended.

Matthew Sigel, Head of Digital Assets Research at VanEck, forecasts Bitcoin (BTC) price falling to $10,000 - $12,000 in the first quarter of the next year. The analyst sees the drop being fueled by a wave of miner... More