According to CNBC, when the chairman was asked about the survival of the digital asset, he said:
“The unequivocal answer is yes. As an exchange operator, it’s not our objective to opine on prices.”
After facing a new 14-month low over the weekend, the world’s largest cryptocurrency was back on the bull’s back with a 5 percent growth over the past 24 hours, trading at around $4,300 on Wednesday.
Sprecher stated that Bitcoin has lived in a swamp but has still managed to survive. He added that though it lacks in the best technology out of all cryptocurrencies, Bitcoin will still pose as the yardstick by which all other cryptocurrencies will be measured. He added:
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