Binance co-founder and Canadian billionaire Changpeng Zhao (CZ) says that capital is starting to return to the cryptocurrency market.
CZ says that capital that had been directed towards artificial intelligence (A.I.) in recent months is beginning to return to the crypto sector, helping to boost prices.
In an interview, CZ said that the "hot money" that had been flowing into A.I. stocks is now being shifted to crypto such as Bitcoin (CRYPTO: $BTC) and related exchange-traded funds (ETFs).
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CZ says that capital that had been directed towards artificial intelligence (A.I.) in recent months is beginning to return to the crypto sector, helping to boost prices.
In an interview, CZ said that the "hot money" that had been flowing into A.I. stocks is now being shifted to crypto such as Bitcoin (CRYPTO: $BTC) and related exchange-traded funds (ETFs).
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#Crypto #etfs #cryptoprowl
8 days ago
