According to BitcoinSistemi, Tom Farley, CEO of Bullish and former New York Stock Exchange President, stated that Bitcoin's volatility is a structural reality that will persist for many years. Speaking to CNBC, Farley noted that Bitcoin's return to $90,000 was encouraging but not surprising. He explained that the limited annual supply of 160,000 BTC requires constant new buyers, and that MicroStrategy's initial large purchases followed by reduced buying contributed to price declines. Farley also highlighted that while security in the crypto space has improved significantly, security risks remain the biggest threat to the industry.
Former NYSE President Tom Farley Says Bitcoin Volatility Is 'Here to Stay'
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