Bitcoin

Coin

<ul class="news-points"> 
 <li>Binance remains under stern scrutiny from regulators and the community.</li> 
 <li>Debate rages as some question the legitimacy of Bitcoin in such a scenario.</li> 
 <li>Crypto influencer Rover predicts Binance collapse could lead to a drastic Bitcoin crash to $5,000.</li> 
</ul> 
Prominent crypto influencer Crypto Rover has sparked conversations about the potential consequences of the collapse of Binance, the largest crypto exchange. In a recent tweet, Rover argued the collapse of Binance would spell doom for the largest cryptocurrency, Bitcoin. He believes the fall of Binance would imply Bitcoin crashing 81.23% from its current $26,627. 
“If Binance collapses, Bitcoin is going to $5,000,” Rover remarked. 
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 If <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> collapses Bitcoin is going to $5,000 The entire industry will be screwed. I don't want this, but I do want to reveal the truth.— Crypto Rover (@rovercrc) <a href="https://twitter.com/rovercrc/status/1705153586198458738?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 22, 2023</a> 
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Furthermore, the crypto influencer highlighted that the effect of such a collapse would shake the entire digital industry. This view stems from the fact that Binance is the most prominent crypto asset manager with nearly $60 billion. 
Despite the potential consequence of such happening, Rover expresse… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/could-bitcoin-crash-to-5000-following-a-collapse-of-binance/">Could Bitcoin Crash to $5,000 Following a Collapse of Binance?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Could Bitcoin Crash to $5,000 Following a Collapse of Binance?

Coin Edition

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