As we all noticed, the market is quite bullish now, we hit $40k and it's already trading above that level.
The price of Bitcoin is rising and there are a lot of Bitcoins being traded now. And once a coin starts to rise at a higher rate, investors panic and start investing in it, causing it to rise even faster. And that's what's happening with Bitcoin right now
I said "bad news' because with this recent development involving CZ and Binance, this usually bring some negative sentiment but look what's happening, the market is going on the opposite side and it kees getting bullish. .
Changing the CEO of Binance is nothing bad news. it can be a bad news for BNB Because BNB is a part of Binance but Bitcoin is not any part of Binance Exchange. And this was just news of a CEO change, not news of Binance being scammed. So this news cannot have a negative effect on Bitcoin. However, BNB has been somewhat stable