Bitcoin may not break its high of $69,000 for years after the recent market crashes, the head of Binance has said. Bitcoin is currently trading at $20,490, a price that is thought to be “very low today”. Cryptocurrencies started plummeting when Terra’s UST stablecoin lost its peg to the dollar and caused its sister coin Luna to plummet by more than 99 per cent in value. The Celsius cryptocurrency then dropped, with others being brought down with it. I this the right time to buy and hold ?

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