Coinbase CEO: Bullish on cryptocurrency in the long term; Coinbase will continue to operate under any market conditions.

Coinbase CEO Brian Armstrong posted on social media that while the crypto market has experienced significant volatility in the past few days, this is not new, as the crypto industry has already gone through multiple market cycles. In his personal opinion, the current volatility will not change his long-term bullish stance on crypto assets. Armstrong pointed out that crypto technology is rapidly eroding the traditional financial services landscape, and the process of reshaping the financial system is still underway. At the same time, Coinbase will continue to deliver products and services in any market environment, focusing on driving the updates and upgrades of the financial system.