"We see a lot of greed in the market", says GM of Luno Africa, SA's leading crypto platform

Last week was certainly a wild one for cryptocurrencies, with Bitcoin proving to be very volatile. The popular cryptocurrency plummeted around 20%. Luno Africa's General Manager, Marius Reitz, joined the BizNews Power Hour to discuss the decline in Bitcoin's price. "Even after such a drop, it's hard to believe that it's still up 72% year to date." Reitz also says that the market has been in extreme greed territory for quite some time. Learn more about your ad choices. Visit megaphone.fm/adchoices