Business

Waqar Zaka’s forecast about cryptocurrency comes true

Waqar Zaka’s forecast about cryptocurrency comes true

Waqar Zaka’s prediction to investors investors reagrding bitcoin price has come true.

According to the research, the continuing slide in the value of the world’s most valuable cryptocurrency has caused many investors throughout the world to sell their holdings at extremely low prices.

Waqar Zaka, who is working to legalise cryptocurrency in Pakistan, recently stated that investors should not invest in Bitcoin at this time, which, of course, made the video the talk of the town overnight.

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Waqar Zaka had already cautioned investors about another cryptocurrency sale on May 27 this year, advising them not to invest any more.

The price of Bitcoin and Ethereum, the two largest cryptocurrencies in the world, has plunged by thousands of dollars in the previous 24 hours, according to the website CoinMarketCap, which monitors the cryptocurrency market.

RELATED: After the market wipes off $200 billion in one day, Bitcoin falls to an 18-month low

Read more on Latest Business News on Pakistanlounge.pk

 

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Business

Sibtain Ali is a Senior Editor Business at Pakistan Lounge and joined in October 2021. Formerly business editor at a renowned International News website

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