Quote from: Boomber on April 27, 2023, 10:19:14 PM

I agree, because binance is one of the biggest exchange right now and of course if binance exchange lapses, then that's a bad sign for cryptocurrency and Bitcoin price continues to increase, because Bitcoin is on recovery and if market conditions continue like this, then it's very possible that a bull run will occur in the near future.

A temporary bad sign because that will eventually go. We saw the collapse of FTX and other exchanges but bitcoin and the crypto market is still here.

That's why don't generalize that whenever a big exchange collapses, you think that everything will be the downfall of the market includes bitcoin. It might be but only for temporary because eventually, we've seen how the market has recovered from many of these situations before.

Whether it is a small or big exchange that will fall and will be said with FUD, it is a fact that can move the market a bit but not permanently.