Changpeng Zhao, CEO of exchange Binance said that Bitcoin’s price has not yet altered to the forthcoming block reward halving. Zhao suggested that in future Bitcoin will see a positive rise in price. Zhao also explained demand determines the asset’s price, not the cost of production, but expects that miners will not be willing to sell below the price of production.
Binance Ceo Claims Halving Is Not Priced InIncryptsFeb 21, 20200
Mar 05, 2020