The CEO of Crypto.com sees Bitcoin's recent correction as a positive sign
Kris Marszalek, CEO of Crypto.com, told CNBC that the recent decline in the price of Bitcoin was a healthy correction and a positive sign in the market. Marsalek also pointed to the prominent role of Bitcoin exchange-traded funds (ETFs) in the recent boom in the digital currency market. He also pointed to the recent drop in the price of Bitcoin and stated that such corrections in the market are necessary to remove excess leverage in the market, and in his opinion, the recent correction is a sign that the market is healthy.
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